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Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.

He suggested that the company might experiment with paywalled subreddits as it looks to monetize new features. “I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said. “But now we will unlock the door for new use cases, new types of subreddits that can be built that may have exclusive content or private areas, things of that nature.”

This is another move likely to anger Redditors. While the platform is a commercial enterprise, its value derives almost entirely from freely offered user content. That means Redditors feel at least some sense of ownership in a community endeavour, so the company needs to tread carefully when it comes to monetization at user expense.

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[-] Erasmus@lemmy.world 180 points 3 months ago

Taking lessons from Elon.

Maybe they need to charge users a monthly fee and add blue check marks. Lol

[-] Sludgehammer@lemmy.world 62 points 3 months ago

Taking lessons from Elon.

Wasn't Huffman singing Elon's praises after the Twitter purchase?

[-] NickwithaC@lemmy.world 46 points 3 months ago

Huffman is a full on Musketeer.

How has this demonym only just now come to my attention?

It's fantastic, thank you.

[-] NickwithaC@lemmy.world 4 points 3 months ago

See also: Trumpet - people who start singing the same tune as Trump for their own political gain.

[-] Thrife@feddit.org 26 points 3 months ago

I remember that too, but am not that sure..

Oh yeah, he did! https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700

Doing right as his role model!

[-] goferking0@lemmy.sdf.org 6 points 3 months ago

And after the Twitter api pricing

[-] Technofrood@feddit.uk 42 points 3 months ago
[-] PopcornPrincess@lemmy.world 20 points 3 months ago

I don’t miss the often-regurgitated response of “Gee, thanks stranger” that Redditers would say after receiving gold. It would always annoy me.

[-] tootoughtoremember@lemmy.world 9 points 3 months ago* (last edited 3 months ago)

Thank you kind stranger!

edit: Wow, didn't expect this to blow up!!!

[-] PopcornPrincess@lemmy.world 4 points 3 months ago

Oh god, I think I just threw up in my mouth a little bit. Thanks stranger. 🤮

[-] Krauerking@lemy.lol 2 points 3 months ago

Just doing my part with the updoots!

[-] AbidanYre@lemmy.world 11 points 3 months ago

Ooh, I wonder if he'll sue all the users that left Reddit to join Lemmy.

this post was submitted on 07 Aug 2024
1274 points (100.0% liked)

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