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Some subreddits could be paywalled, hints Reddit CEO (9to5mac.com)

submitted 3 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 26 points 3 months ago (12 children)

While I look forward to the continuing demise of Reddit, I'm not looking forward to the influx of even more Redditors.

[–] [email protected] 6 points 3 months ago* (last edited 3 months ago) (1 children)

What you want is quality of small platforms with the amount of content from big. It’s unsolvable problem so far

[–] [email protected] 2 points 3 months ago

I prefer small platforms with less content but civil engagement. Lemmy is still better than other options but the increased population has led to a lot of unnecessary drama, mostly from .world's idealogical circle jerks.

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