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Reddit CEO Says Paywalls Are Coming Soon (gizmodo.com)

submitted 1 month ago by pepsi_not_coke@sh.itjust.works to c/world@quokk.au

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Reddit, a platform founded in part on the premise of openly and widely sharing information, is ready to put up some paywalls. In a video Ask Me Anything (AMA) session hosted by CEO Steve Huffman following the company’s quarterly earnings report (which went poorly), the founder and exec said Reddit is actively testing ways to make some content require payment to access and plans to roll out a “paid subreddit” feature later this year.

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[–] catloaf@lemm.ee -1 points 1 month ago (1 children)

I recall their TOS having a clause like that years and years ago. And usually it's not a problem for the users or the creators, since everyone gets a cut.

I don't think the creators mind too much. Even if reddit takes a cut, the net profit is still much greater due to the size of the audience.

[–] someguy3@lemmy.world 6 points 1 month ago (1 children)

Seriously? It's a problem if you want LEGAL ownership over your content.

[–] catloaf@lemm.ee 1 points 1 month ago (1 children)

Most creators are willing to let that go to get access to the audience. It's not an exclusive license.

[–] someguy3@lemmy.world 1 points 1 month ago* (last edited 1 month ago) (1 children)

Have you ever met creators? No most aren't so happy to give up their LEGAL ownership. Plus, that's why I said if you want. This is especially true for certain sexual content. And, exclusive or not is an entirely different concept than ownership. You just want to be a stick in the mud, I'm out of this conversation.

[–] catloaf@lemm.ee 2 points 1 month ago

I am a content creator, so yes I'm familiar with how these things work.