You're probably better going with a 3rd party newsletter provider. In order to do this on your own, you need:
1) The HTML front-end--or the actual boxes your readers type their information into.
2) The PHP backend which takes that information entered via HTML and submits it into some sort of database which contains all the information regarding your subscribers.
3) Another PHP script which then sends the newsletter out to everyone who has subscribed.
That said, I don't have any recommendations for 3rd party newsletter providers. Anyone else?
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