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.
That dude is really trying to kill his own platform, isn't he?
Taking lessons from Elon.
Maybe they need to charge users a monthly fee and add blue check marks. Lol
Wasn't Huffman singing Elon's praises after the Twitter purchase?
Huffman is a full on Musketeer.
How has this demonym only just now come to my attention?
It's fantastic, thank you.
See also: Trumpet - people who start singing the same tune as Trump for their own political gain.
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!
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.
And after the Twitter api pricing
So Reddit gold?
I don’t miss the often-regurgitated response of “Gee, thanks stranger” that Redditers would say after receiving gold. It would always annoy me.
Thank you kind stranger!
edit: Wow, didn't expect this to blow up!!!
Oh god, I think I just threw up in my mouth a little bit. Thanks stranger. 🤮
Just doing my part with the updoots!
Ooh, I wonder if he'll sue all the users that left Reddit to join Lemmy.
It's kind of indicative of how bad the web has gotten that twitter and reddit still have users. Digg completely imploded over much less than this. Just that back in 2010, there was somewhere else to go.
inb4 Lemmy. I get it, but we're not there yet.
I love Lemmy but I really, really miss the old web. Back when people would just create their own website and put it out there to share their niche interest with the world. People just organically linked their sites to each other to form web rings, an easy method of federation without any reliance on sophisticated server-side software.
I still do this!
Does anyone find your stuff? Search engines seem to be less and less capable of finding indie websites and show most results for shopping and/or image results (ie the paid ones), or else if it’s a question it goes Reddit/quora/stack exchange before any search results.
I finally shut off my old self hosted Wordpress last year because traffic had dwindled to a couple hits a month or less. Besides the constant bot traffic trying to hijack the site.
No idea honesty, I don’t collect metrics.
The heyday of the forums. For about 2 years the combination of Tapatalk and forums was awesome. Centralized interface with no ads, all the discussion.
Then they both gutted their functionality and spammed in the ads.
They're still around.
The makeup of web users has changed a lot since 2010. The average web surfer was a lot less passive in attitude in decades past.
I hate listening to my younger brother talk about technology. He is just a sheep in an apple pen, and perfectly happy. I don't get it.
Quarterly reports demand that line go up.
The line must always go up.
He's trying to make money, he doesn't care about the platform or its future. The Boeing's CEO during the two 737 MAX crashes had to resign... with $62.2 million in his pockets. These people live in a different world.
https://www.ft.com/content/522fab9c-34f2-11ea-a6d3-9a26f8c3cba4
The enshittification must go on!
Lot of wishful thinking in here. Fact is, Reddit isn't going anywhere.
What will likely happen is the worst assholes will be the ones paying for this stuff, much like Xitter, because it is a demonstration of being a part of the alt-right, ultra-capitalist in-group.
Huffman is a greedy bastard, but I don't think he's alt-right. He's a bland neoliberal hypocrite. He is an advisor at the ADL and made a post saying that black lives matter, while not actually doing anything to help and actively profiting from what he said he was against.
Lemmy's largest userbase growth of all time, ever, happened during the reddit API fiasco.
Yes. More than a little. It was a huge event for lemmy. Did you think the entire reddit userbase was going to switch in one week? Reddit didn't get their userbase in one week. It's a process. Now there is a well known alternative to reddit. Everything in reddit looks shittier than it was before the exodus. It's nearly impossible to become a 'new user' on reddit and with the rando-bans they keep giving out they are just going to keep shrinking.
There's also no correlation between creating a Lemmy account and completely quitting Reddit.
Reddit has over 1,000,000,000 active users per month. Lemmy has about 50,000. The API fiasco was a big deal for lemmy, but it was not a big deal for reddit. Lemmy is a rounding error to them.
I would also bet that a lot of lemmy users still visit reddit for their niche communities. I know I do, even though I host a server for my own niche hobby, but I'm the only one who's ever posted anything to it.
How many of them are real users vs bots though? It's easy to inflate numbers
Meh, I deleted my account and moved on. Other than snarky comments I don't really care what happens to it anymore.
The way I interpret what he is suggesting is that they are planning on going after Patreon type websites that provide a private paid for space for a creator's supporters. It's unlikely, but they could also pretty easily go after OF to keep that traffic on site.
i mean, this is the site that blocked nsfw content from hitting the front page
Short-term gains > *