diff --git a/migrations/pg/2026-04-17_subscribers-doi.sql b/migrations/pg/2026-04-17_subscribers-doi.sql
new file mode 100644
index 0000000..e3d1bd0
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+++ b/migrations/pg/2026-04-17_subscribers-doi.sql
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+-- Subscribers-Tabelle mit Double-Opt-In und DSGVO-Consent-Tracking
+-- Wird pro Tenant-Schema ausgeführt (SET search_path = tenant_<id>, public vorher)
+
+CREATE TABLE IF NOT EXISTS subscribers (
+  id                UUID PRIMARY KEY DEFAULT gen_random_uuid(),
+  email             TEXT NOT NULL,
+  email_hash        TEXT NOT NULL UNIQUE,
+  status            TEXT NOT NULL DEFAULT 'pending'
+    CHECK (status IN ('pending', 'active', 'unsubscribed', 'bounced')),
+  list_id           UUID,
+
+  -- Double-Opt-In (DSGVO-Pflicht)
+  doi_token         TEXT UNIQUE,
+  doi_requested_at  TIMESTAMPTZ,
+  doi_confirmed_at  TIMESTAMPTZ,
+
+  -- Consent-Nachweis
+  consent_ip        INET,
+  consent_user_agent TEXT,
+
+  created_at        TIMESTAMPTZ NOT NULL DEFAULT now(),
+  updated_at        TIMESTAMPTZ NOT NULL DEFAULT now()
+);
+
+CREATE INDEX IF NOT EXISTS idx_subscribers_email_hash ON subscribers(email_hash);
+CREATE INDEX IF NOT EXISTS idx_subscribers_doi_token  ON subscribers(doi_token);
+CREATE INDEX IF NOT EXISTS idx_subscribers_status     ON subscribers(status);
+
+CREATE OR REPLACE TRIGGER subscribers_updated_at
+  BEFORE UPDATE ON subscribers
+  FOR EACH ROW EXECUTE FUNCTION update_updated_at();