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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[–] mugshot@lemmy.world 0 points 5 months ago (1 children)

This is the reason i created an account here lol

[–] x00z@lemmy.world 0 points 5 months ago

Hey! Welcome!

I recently joined as well. It's actually very nice here.

Let's make something nice ^_^

[–] DudeDudenson@lemmings.world 0 points 5 months ago* (last edited 5 months ago) (3 children)

I know the lemmy hivemind jumps at any opportunity to trash reddit, but if properly implemented (which to be honest they probably won't ) this could be the same as paid forums back in the day. It just depends on how much of a cut they get and how do they manage revenue share. If you could have your own private forum for free and have people subscribe to it for 2 bucks a month and you get 75% revenue of every sub it would probably spring a lot of high value forums, I'm mostly thinking like car forums used to be but it'd probably be used as another only fans

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[–] pdgfc@lemmings.world 0 points 5 months ago (1 children)
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[–] afivedaystorm@lemmy.world 0 points 5 months ago

Here because of this

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

That's why I'm here testing Lemmy.

Sad if it ruins reddit since I like that place.

[–] Theharmoniusfists@lemmy.wtf 0 points 5 months ago (2 children)

Just joined, gonna see how I like it then probably move over and leave Reddit.

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[–] Fuckreddit777@lemmy.ca 0 points 5 months ago (2 children)

Just joined because of this. Hopefully I’ll be able to leave that cesspool.

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[–] adamsw216@lemmy.world 0 points 5 months ago (3 children)

This post on Reddit reminded me that I made a Lemmy account long ago.

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

I just made one this is my first comment lol

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[–] SonOfMothman@lemmy.world 0 points 5 months ago* (last edited 5 months ago) (4 children)

Saw this on Reddit 20minutes ago. Saw someone post about lemmy… now I’m here lol

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[–] micl@lemmy.world 0 points 5 months ago (3 children)
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[–] rateb@lemmy.world 0 points 5 months ago

Lets see what this app is about

[–] MerchantsOfMisery@lemmy.ml 0 points 5 months ago (2 children)

Describing Reddit as altruistic is some next level delusion.

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