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

submitted 3 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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[–] TheGalacticVoid@lemm.ee 1 points 3 months ago (1 children)

If Reddit were run by competent people, I'd think that paywalled subs might be a good idea. I imagine that there are countless scenarios where people have really useful info to share, but at the same time, said info can't be spread too widely, and a paywall is one way of making sure that only people who truly care about said info can take advantage of it.

[–] MataVatnik@lemmy.world 9 points 3 months ago (2 children)

Wut?

[–] TheGalacticVoid@lemm.ee 1 points 3 months ago (1 children)

The first thing that comes to mind is credit card point redemptions. Right now, the best information on getting stuff like free first class flights are on communities like FlyerTalk. If that info was super accessible, those opportunities wouldn't be available in the first place, and travel companies would be far less generous with rewards programs.

[–] MataVatnik@lemmy.world 2 points 3 months ago* (last edited 3 months ago) (1 children)

If you look at the other reply he says he wants it for illegal shit lol

[–] TheGalacticVoid@lemm.ee 2 points 2 months ago

Duality of man

[–] interdimensionalmeme@lemmy.ml -2 points 3 months ago (1 children)

Piracy, drm bypass, hacked firmwares, zero days vulnerabilities, low volume deals, good drug plugs, hip artist spaces and bunch of other shit that gets ruined by being too popular

[–] MataVatnik@lemmy.world 2 points 3 months ago

So a legitimate publicly traded company should pay wall illegal shit? Bro