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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[–] Theharmoniusfists@lemmy.wtf 39 points 3 months ago (2 children)

Just joined, gonna see how I like it then probably move over and leave Reddit.

[–] jimrob4@midwest.social 32 points 3 months ago

I've been here since they shut down third-party apps. It gets better each time they piss off more of the user base and ya'll join the rest of us. Hahaha.

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