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
The enshitification will continue until all value is extracted.
I kinda love to see it. These companies can’t help themselves.
I kinda love to eat, but I’m paying more for less of a worse version.
Care to explain how Reddit shitting the bed impacts your ability to eat?
I was referring to the enshittification of all things, which has impacted my eating habits
I find this comment funny.
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Wouldn’t the contributors to those subs just make a new one that’s not paywalled?
Reddit is going to be asking users to pay to generate content on specific subs, but they’re forgetting again that the sub isn’t the important part, it’s the users.
This would just fracture the biggest subs and destroy the communities.
