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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[–] SykotikFiend@lemm.ee 54 points 3 months ago (3 children)

After seeing this article on Reddit, that’s what made me finally jump ship and join in here. It’s been nice so far.

Reddit is hardly even the same site it used to be. Especially with bots taking over. And I just don’t think it makes sense to make people pay for what was meant to be a user-generated experience. We’ve sadly come a long way from the narwhal baconing at midnight.

But here’s to new beginnings!

[–] Ordo_Bellatores@lemmy.world 10 points 3 months ago

Much like you I saw this article on my reddit feed today, googled 'reddit alternatives, and ended up here.

[–] canelsolom@lemmy.world 8 points 3 months ago (1 children)

Me too! I just made an account. I’m discovering Lemmy right now. This is my very first reply. Hello Lemmy world!

[–] AVincentInSpace@pawb.social 5 points 3 months ago

Welcome to the Fediverse! I think you'll like it here.

[–] Faerynne0929@lemm.ee 3 points 3 months ago

Same joined Lemmy yesterday.