this post was submitted on 07 Aug 2024

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Some subreddits could be paywalled, hints Reddit CEO (9to5mac.com)

submitted 2 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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[–] AbidanYre@lemmy.world 2 points 2 months ago (7 children)

That dude is really trying to kill his own platform, isn't he?

[–] Erasmus@lemmy.world 3 points 2 months ago (1 children)

Taking lessons from Elon.

Maybe they need to charge users a monthly fee and add blue check marks. Lol

[–] Sludgehammer@lemmy.world 3 points 2 months ago (2 children)

Taking lessons from Elon.

Wasn't Huffman singing Elon's praises after the Twitter purchase?

[–] NickwithaC@lemmy.world 2 points 2 months ago (1 children)

Huffman is a full on Musketeer.

[–] unconfirmedsourcesDOTgov@lemmy.sdf.org 1 points 2 months ago (1 children)

How has this demonym only just now come to my attention?

It's fantastic, thank you.

[–] NickwithaC@lemmy.world 1 points 2 months ago

See also: Trumpet - people who start singing the same tune as Trump for their own political gain.

[–] Thrife@feddit.org 1 points 2 months ago

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!

[–] ch00f@lemmy.world 1 points 2 months ago (2 children)

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.

[–] thehatfox@lemmy.world 1 points 2 months ago

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.

[–] chonglibloodsport@lemmy.world 1 points 2 months ago

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.

[–] SzethFriendOfNimi@lemmy.world 1 points 2 months ago

Quarterly reports demand that line go up.

The line must always go up.

[–] chonglibloodsport@lemmy.world 1 points 2 months ago

The enshittification must go on!

[–] cheddar@programming.dev 1 points 2 months ago* (last edited 2 months ago)

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

[–] stealth_cookies@lemmy.ca 1 points 2 months ago (1 children)

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.

[–] JonnyJ@lemmy.world 1 points 2 months ago

i mean, this is the site that blocked nsfw content from hitting the front page

[–] iAmTheTot@sh.itjust.works 0 points 2 months ago (2 children)

Lot of wishful thinking in here. Fact is, Reddit isn't going anywhere.

[–] Telorand@reddthat.com 1 points 2 months ago

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.