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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[–] 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