177
Reddit CEO tells employees that subreddit blackout “will pass”
(www.theverge.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Jun 2023
177 points (100.0% liked)
World News
22058 readers
54 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
There’s your answer on how it’s affecting reddit. May be it’s spez just blushing, but I hope this is a wake up call for the two day blackout subs and they do it indefinitely.
Idk how this is possible either, almost every sub I subscribe to is black, why would that not impact rev?
Two days isn't significant enough to register as a real change. Especially since I assume most advertisers have ongoing contracts based on longer periods.
If you want to see an actual revenue impact, the blackout has to go long enough that advertisers have time to start scaling back or even withdrawing from the platform.
Well, considering the phone calls with the apollo dev, his trustworthiness is already shot. I would be very surprised if this didn't affect revenue seeing how there's thousands of people not buying awards now. That's not even getting into ad views.
Due to his untrustworthy behavior, I can't say I'd be surprised if he leaked the memo himself, purposely including the deflection of revenue not being impacted or such.
Sounds a bit conspiracy theorist, but I would certainly be unsurprised.
Leaked? Ha! Let's call the memo what it is: a press release. A carefully crafted one full of deflections and to make VCs and future investors happy (no revenue impact!) while also allowing him to play the victim (you're in danger!)
If everyone who's not using reddit was already using a 3P ad free app, it's possible they're saving money on bandwidth while still serving the same number of ads