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

submitted 3 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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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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[–] SonOfMothman@lemmy.world 2 points 3 months ago (1 children)

Reddit has more than its fair share of right wing pearl clutching.

[–] Spaceinv8er@sh.itjust.works 2 points 3 months ago (1 children)

Never said it didn't, but reddit is more left leaning than right as a whole.

Lemmy is just straight lefty though. I'm a liberal person so it doesn't bother me other than it just being a massive circle jerk most of the time.

Look I understood that when I made that comment no one would like it, but it's just the truth...

I've been here since the API garbage from reddit, and use it daily so I feel like I can make an honest assessment of my experience thus far.

I like it, its great. Better than reddit in a lot of ways. If someone is/was a heavy Reddit user I recommend it.

[–] SonOfMothman@lemmy.world 1 points 3 months ago

Fair enough. It was more the way it came out seemed like a misplaced jab. I get ya though.

Also based on the popular vote from the last almost 1/4 century of presidential elections(bushes 2nd term being the outlier) the whole country leans left lol