this post was submitted on 07 Aug 2024
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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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[–] micl@lemmy.world 62 points 3 months ago (3 children)
[–] dch82@lemmy.zip 12 points 3 months ago

Welcome to the Fediverse!

If you haven’t already you should check out Fedi.Tips as well as the other federated networks.

Also, for secure DMs, you will want to check out Matrix.

Finally, you will want to invite others onto the Fediverse as well.

[–] httperror418@lemmy.world 12 points 3 months ago

Welcome, I left after the third party clients got nuked, sick of ads

[–] RandomlyNice@lemmy.world 8 points 3 months ago

Same. I started using Reddit about 7 years ago... about 2 years ago it took a nose dive.