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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[–] demizerone@lemmy.world 0 points 5 months ago

Ha. Line must go up or it affects the stock price. Profit first, users last.

[–] PastryPaul@sh.itjust.works 0 points 5 months ago (5 children)

While I look forward to the continuing demise of Reddit, I'm not looking forward to the influx of even more Redditors.

[–] Someonelol@lemmy.dbzer0.com 0 points 5 months ago (1 children)

Some of us are from there. We can't all be that bad.

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[–] EngineerGaming@feddit.nl 0 points 5 months ago (6 children)

I am looking forward to more non-tech communities.

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[–] ripcord@lemmy.world 0 points 5 months ago (7 children)

So...this is for porn.

Only fans, but on Reddit.

I suspect it will work out sickeningly well for them.

[–] Sunroc@lemmy.world 0 points 5 months ago

Proof of concept for allowing super users to have a patreon model maybe?

Though I can't remember the last time there were site wide famous users. Last I remember is that bird lady.

If this is their endgame the bot problem would get even worse as the value proposition improves for abusers

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[–] Fedizen@lemmy.world 0 points 5 months ago

nice. This won't backfire

[–] 800XL@lemmy.world 0 points 5 months ago

It'll anger Redditors but they'll gladly hand over their money

[–] DirkMcCallahan@lemmy.world 0 points 5 months ago

Posts like this remind me just how grateful I am for the Fediverse.

[–] Routhinator@startrek.website 0 points 5 months ago (2 children)

I dont usually upvote posts about Reddit...

...but when i do they're shooting themselves in the foot

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[–] WhiskyTangoFoxtrot@lemmy.world 0 points 5 months ago

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

[–] TheReturnOfPEB@reddthat.com 0 points 5 months ago (4 children)
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[–] Adalast@lemmy.world 0 points 5 months ago (8 children)

Why do all of these companies decide they are so tired of existing?

[–] kromem@lemmy.world 0 points 5 months ago

Self destructive addiction even happens to corporations.

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[–] admin@lemmy.my-box.dev 0 points 5 months ago (1 children)

They already are. They put all nsfw content behind a privacy paywall (pay with email and browsing habits). Luckily it can still be subverted through old.reddit.com - but the question is for how long.

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[–] TheObviousSolution@lemm.ee 0 points 5 months ago (1 children)

The dumbass does not have an original idea or vision in his body. After turning his users into consumer goods, now he's just thinking about reddit r/lounge 2.0 and combining it with reddit awards 2.0 and reddit talk 2.0. First of all, that only works if moderators get payed or you get some extremely gullible and power hungry ones, which for the first I doubt his money scrounging self could allow and for the second, that's the problem, and additionally, that will open up a whole can of worms that reddit certainly has deserved for some time now, people suing if they are banned from these communities, specially if it was due to personal fickle prerogative of one of the mods.

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[–] XiELEd@lemmy.world 0 points 5 months ago (2 children)

I hate how everything has to be monetized nowadays, or how money is to be expected for everything. Eventually people who provide free service or altruism will be seen as competition.

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