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“I mean, if I was publishing a book, I would make more money,” he said.

She still plans to halt her big moves for traditional dress and is working on a novel to be published by Random House.

The bottom pile has money to burn. It has raised approximately $83 million at a valuation of $650 million and has recently Acquired Cocoon is a subscription-based social media app that does not contain any ads.

Mr. Rushdie has always been a maximalist on the page and in life. His fiction is a highly stylized blend of magical realism and meta-theatrical storytelling, stories within stories told by multiple narrators. He has had an adventurous personal life and has been married several times. In many ways, Substack seems like a natural place for Mr. Rushdie. His Catholicism in tastes and interests lends itself to the often broad (sometimes shapeless) letters that have already spawned Substack’s thousands of newsletters.

Still, Mr. Rushdie thinks the written word stands still when it comes to the web.

“With this new world of information technology, I feel like literature has yet to find a truly authentic space out there,” he said.

He added that he liked Substack’s potential for experimentation. “Whatever comes to my mind, it gives me a way to say something right away without the middlemen or watchdogs,” Mr. Rushdie said.

A collection of essays published this year called “The Languages ​​of Truth,” a comprehensive study that covers everything from Shakespeare to the death of Osama bin Laden, gave an insight into what could happen. Critics skinned the book. call “A confused vision of this century”. Quixote, his latest work of fiction, is a postmodern retelling of “Don Quixote”. received a similar welcome.

Mr. Rushdie’s move to Substack, a platform better known among tech bloggers and journalists, could be a blow to both sides. Substack lends a fashionable shine to a writer entering his twilight years, while the novelist adds a bit of literary brilliance to his tech venture.

“Let’s see how it goes,” he said of his new experiment. “I’m just as curious as anyone.”