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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[–] Kalysta@lemm.ee 8 points 3 months ago

Aaron Swartz is rolling in his grave.

[–] x00z@lemmy.world 8 points 3 months ago (1 children)

Morals aside, this wouldn't work from a business perspective.

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[–] Theendbeginz@lemmy.world 8 points 3 months ago* (last edited 3 months ago)

Bye reddit, it was fun while it lasted. Comments like this from out of touch ceos make me stop using the product. Same reason I canceled spotify after years of being a subscribing customer to move to Tidal

[–] dinckelman@lemmy.world 7 points 3 months ago

Proves yet another time that Aaron died for nothing

[–] AnUnusualRelic@lemmy.world 6 points 3 months ago

Why "some"? It should be "all". Select the subs you want to subscribe to and get billed monthly.

I don't see what could go wrong.

[–] Miphera@lemmy.world 5 points 3 months ago

"But now we will unlock the door for new use cases" ... like locking doors.

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