Steinberg may have a few loyal listeners. His problem is they don’t pay him to listen to Paracast Plus, send him money or buy his junk. If you ever read the messages in the chat rooms, most of them don’t have a nickel to their names. It’s not exactly the kind of members that Steinberg want to cater to.
Steinberg doesn't seem to realise that if you want people to pay, you have to provide them with something they want to pay for that they can't get elsewhere for free. The Paracast as it is now is certainly not worth paying for.
Perhaps if Steinberg had used the last decade developing the show (instead of filling it with ads) he would actually have something that was profitable. Instead he has driven it into the ground and destroyed the forums along with it, whilst focussing the bulk of his energies (what little there is of them) on increasingly desperate grifting.
The way he says "if only 1000 people subscribed" - is typical blame shifting that is characteristic of Steinberg. He doesn't think about what he could do to make it a show that is an absolute must listen, instead the onus is on the listeners, they must do more.
No successful podcast (and there are a few) do this, but in Steinberg's mind everything he does is perfect, it is just the rest of the world that needs to change and cater to his whims. Therefore there was never any need to make the Paracast any better, it was just a case of getting the listeners to pay what they "owe" him.
Normally podcasts improve as time goes on. The paracast is the only one that has gotten progressively worse but Gene expects people to pay for it - because they owe him, same way the rest of the world owes him.