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

submitted 4 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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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[–] Erasmus@lemmy.world 193 points 4 months ago (3 children)

Taking lessons from Elon.

Maybe they need to charge users a monthly fee and add blue check marks. Lol

[–] Sludgehammer@lemmy.world 67 points 4 months ago (4 children)

Taking lessons from Elon.

Wasn't Huffman singing Elon's praises after the Twitter purchase?

[–] NickwithaC@lemmy.world 48 points 4 months ago (1 children)

Huffman is a full on Musketeer.

[–] unconfirmedsourcesDOTgov@lemmy.sdf.org 4 points 4 months ago (1 children)

How has this demonym only just now come to my attention?

It's fantastic, thank you.

[–] NickwithaC@lemmy.world 4 points 4 months ago

See also: Trumpet - people who start singing the same tune as Trump for their own political gain.

[–] Thrife@feddit.org 26 points 4 months ago

I remember that too, but am not that sure..

Oh yeah, he did! https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700

Doing right as his role model!

[–] stonerboner@lemmynsfw.com 15 points 4 months ago

He pointed at Twitter’s “success” after Elon took it over as reasons why he is enshittifying Reddit. That comment is why I left Reddit and haven’t looked back.

[–] goferking0@lemmy.sdf.org 6 points 4 months ago

And after the Twitter api pricing

[–] Technofrood@feddit.uk 42 points 4 months ago (1 children)

So Reddit gold?

[–] PopcornPrincess@lemmy.world 18 points 4 months ago (1 children)

I don’t miss the often-regurgitated response of “Gee, thanks stranger” that Redditers would say after receiving gold. It would always annoy me.

[–] tootoughtoremember@lemmy.world 8 points 4 months ago* (last edited 4 months ago) (2 children)

Thank you kind stranger!

edit: Wow, didn't expect this to blow up!!!

[–] PopcornPrincess@lemmy.world 4 points 4 months ago

Oh god, I think I just threw up in my mouth a little bit. Thanks stranger. 🤮

[–] Krauerking@lemy.lol 2 points 4 months ago

Just doing my part with the updoots!

[–] AbidanYre@lemmy.world 11 points 4 months ago

Ooh, I wonder if he'll sue all the users that left Reddit to join Lemmy.