Reddit CEO Suggests Some Subreddits Could Be Paywalled
Reddit CEO Suggests Some Subreddits Could Be Paywalled
Social network Reddit could monetize by tucking some subreddits behind paywalls, Reddit CEO Steve Huffman suggested during the company's Tuesday...
Not even if they were the last SM on earth as far as I'm concerned.
What is everyone's thoughts on how that shit show is going to play out ?
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I’m reading this as a play to allow communities to have their own paid for areas and Reddit takes a cut in exchange for hosting this.
I recall a while back they were looking at a way to financially compensate major contributors and moderators, so possibly this idea is being revisited in a way.
Right now though, most people contribute to communities to share their knowledge or creativity and to connect with others- and monetisation might be there in the background but isn’t a first class feature of the platform. It makes business sense to make this play, even though it’ll make the site worse.
To conclude: Reddit becomes an only fans competitor. Calling it now.