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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]

455 comments fedilink hide all child comments

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] 333 points 3 months ago (56 children)

That dude is really trying to kill his own platform, isn't he?

[–] [email protected] 12 points 3 months ago (22 children)

Lot of wishful thinking in here. Fact is, Reddit isn't going anywhere.

[–] [email protected] 12 points 3 months ago (18 children)

It was wishful thinking when people revolted for 3 days against the API going away. What happened? Nothing. People were back to Reddit as normal a week later. Reddit's userbase has only grown since then. People will complain to the ends of the Earth but there's no amount of abuse you can levy at the them that will convince them to make the minor inconvenience of moving to a different platform. See: Twitter.