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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[–] e8d79@discuss.tchncs.de 1 points 3 months ago

If they grandfather existing subscribers in it might work for a few months or years, and what does the current Reddit leadership care if that community survives longer than they stay at the company. They also might make a few sales with paywalled celebrity IAmA threads. In any case I will watch from the sidelines and enjoy the spectacle 🍿.

[–] Sarmyth@lemmy.world 1 points 3 months ago

Sure, if that's how a really popular subreddit pays it's moderators, it's not unreasonable. We just know that isn't what's going on here.

In addition, it would be unreasonable to expect users of a free service to suddenly start paying for it without an extremely huge value boost which there's been no mention of. If anything engagement will certainly go down, further reducing the value.

[–] houstoneulers@lemmy.world 1 points 3 months ago

Enshitification is inevitable

[–] Embarrassingskidmark@lemmy.world 1 points 3 months ago

How about instead of paywalling. They just sort of concrete wall the entire site then leave it there too rot for all of eternity?

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