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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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[-] Wispy2891@lemmy.world 12 points 3 months ago

I can already imagine how many scams this new feature can enable

"Join our private subreddit to unlock the secret to become rich" and then inside all you find is something like "yolo on Intel" and so on

[-] afivedaystorm@lemmy.world 11 points 3 months ago

Here because of this

[-] Kolanaki@yiffit.net 11 points 3 months ago* (last edited 3 months ago)

If you're gonna spend money to post on a forum, might as well just sign up for Something Awful. Or pay for access to Usenet if you don't get free access from your ISP.

[-] frezik@midwest.social 11 points 3 months ago

Right, you guys keep on penning that really long suicide letter.

[-] Phoenicianpirate@lemm.ee 10 points 3 months ago

I got permabanned from reddit by zionists for calling out their bullshit and saying that Netenyahu should face harsh legal consequences.

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[-] mysticpickle@lemmy.ca 10 points 3 months ago

Tone down the snarky comments already guys. Never interrupt the enemy when they're making a mistake :>

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[-] Mwa@thelemmy.club 10 points 3 months ago

Seriously i gotta pay to see a flipping subreddit

[-] BlucifersVeinyAnus@sh.itjust.works 8 points 3 months ago

Glad I got out when I did

[-] x00z@lemmy.world 8 points 3 months ago

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

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[-] WhiskyTangoFoxtrot@lemmy.world 8 points 3 months ago

I mean, wasn't that what /r/lounge was for?

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

Aaron Swartz is rolling in his grave.

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this post was submitted on 07 Aug 2024

1289 points (98.2% liked)

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