Reddit plans to lock some content behind a paywall this year, CEO says | Reddit executives also discussed how they might introduce more ads into the social media platform
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Welcome to Mbin
Mbin, piefed, Lemmy.....wherever.
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It's like using the failed Reddit Gold lounge as a business model. A sub of awkward dudes that paid to be there and random people passing through and not sure WTF is going on with the awkward party.
Have they stopped that now? I remember being in it at one point. I didn't post and didn't really look at it
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imagine charging for displaying content you didn't even make.
the balls are astounding, but this ain't gonna go well for them.
This is probably targeting a adult content creators, aka trying to get a finger in onlyfans' pie
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Have they stopped that now? I remember being in it at one point. I didn't post and didn't really look at it
Yeah, a couple years back it went away, replaced by super stickers or some dumb thing.
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I wouldn't be surprised if NSFW subreddit are what he is talking about.
They know pornhub still exists right?
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Oh i didn't even hear about that. Fuck spez.
The memo is in this article, if you're curious.
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Wait, I thought he was the guy who had the woflds most punchable face....
They're not mutually exclusive.
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They know pornhub still exists right?
It is the Onlyfans girls farming simps.
Keep in mind Reddit wants to wall off NSFW to be more advertiser friendly, and therefore more profitable.
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Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Itâs a work in progress right now, so that oneâs coming... We're working on it as we speak.
When asked about "new, key features that you plan to roll out for Reddit in 2025," Huffman responded, in part: âPaid subreddits, yes.â
Reddit's paywall would ostensibly only apply to certain new subreddit types, not any subreddits currently available.
Reddit executives also discussed how they might introduce more ads into the social media platform. The push for ads follows changes to Redditâs API policy that, in part, led to the closing of most third-party apps used for accessing Reddit. Reddit makes most of its revenue from ads and can only show ads on its native apps and website.
Reddit started testing ads in comments last year, with COO Jen Wong saying during an AMA that such ads are in âabout 3 percent of inventory.â The executive hinted at that percentage growing. Wong also shared hopes that contextual advertising, or ads being shown based on the content surrounding them, will be a âbigger part ofâ Redditâs business by 2026.
That's why I left. I regret nothing.
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This is probably targeting a adult content creators, aka trying to get a finger in onlyfans' pie
If the paid subreddits pay out to the creators, that seems like an okay feature. Also dipping into the Patreon market.
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In the name of profits.
Donât be mistaken, he and his board will make tons of money from this. Everyone is rooting for the demise of the site, but the bad guys will win. So what everyone liked will be gone and dead, and those parasites will be even richer.
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That's why I left. I regret nothing.
Iâm so glad I left.
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Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Itâs a work in progress right now, so that oneâs coming... We're working on it as we speak.
When asked about "new, key features that you plan to roll out for Reddit in 2025," Huffman responded, in part: âPaid subreddits, yes.â
Reddit's paywall would ostensibly only apply to certain new subreddit types, not any subreddits currently available.
Reddit executives also discussed how they might introduce more ads into the social media platform. The push for ads follows changes to Redditâs API policy that, in part, led to the closing of most third-party apps used for accessing Reddit. Reddit makes most of its revenue from ads and can only show ads on its native apps and website.
Reddit started testing ads in comments last year, with COO Jen Wong saying during an AMA that such ads are in âabout 3 percent of inventory.â The executive hinted at that percentage growing. Wong also shared hopes that contextual advertising, or ads being shown based on the content surrounding them, will be a âbigger part ofâ Redditâs business by 2026.
Not a great decision from Reddit.
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Enshittification intensifies.
spez is slow walking Reddit to the graveyard.
Itâs slowly becoming twitter/x
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Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Itâs a work in progress right now, so that oneâs coming... We're working on it as we speak.
When asked about "new, key features that you plan to roll out for Reddit in 2025," Huffman responded, in part: âPaid subreddits, yes.â
Reddit's paywall would ostensibly only apply to certain new subreddit types, not any subreddits currently available.
Reddit executives also discussed how they might introduce more ads into the social media platform. The push for ads follows changes to Redditâs API policy that, in part, led to the closing of most third-party apps used for accessing Reddit. Reddit makes most of its revenue from ads and can only show ads on its native apps and website.
Reddit started testing ads in comments last year, with COO Jen Wong saying during an AMA that such ads are in âabout 3 percent of inventory.â The executive hinted at that percentage growing. Wong also shared hopes that contextual advertising, or ads being shown based on the content surrounding them, will be a âbigger part ofâ Redditâs business by 2026.
Get fuuuuuuucked, Reddit
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Itâs slowly becoming twitter/x
It's been obvious for a while that spez is trying to be a Musk/Zuck.
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Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Itâs a work in progress right now, so that oneâs coming... We're working on it as we speak.
When asked about "new, key features that you plan to roll out for Reddit in 2025," Huffman responded, in part: âPaid subreddits, yes.â
Reddit's paywall would ostensibly only apply to certain new subreddit types, not any subreddits currently available.
Reddit executives also discussed how they might introduce more ads into the social media platform. The push for ads follows changes to Redditâs API policy that, in part, led to the closing of most third-party apps used for accessing Reddit. Reddit makes most of its revenue from ads and can only show ads on its native apps and website.
Reddit started testing ads in comments last year, with COO Jen Wong saying during an AMA that such ads are in âabout 3 percent of inventory.â The executive hinted at that percentage growing. Wong also shared hopes that contextual advertising, or ads being shown based on the content surrounding them, will be a âbigger part ofâ Redditâs business by 2026.
I almost wish Elon would buy it, so he can "manage" it like he did Twitter
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Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Itâs a work in progress right now, so that oneâs coming... We're working on it as we speak.
When asked about "new, key features that you plan to roll out for Reddit in 2025," Huffman responded, in part: âPaid subreddits, yes.â
Reddit's paywall would ostensibly only apply to certain new subreddit types, not any subreddits currently available.
Reddit executives also discussed how they might introduce more ads into the social media platform. The push for ads follows changes to Redditâs API policy that, in part, led to the closing of most third-party apps used for accessing Reddit. Reddit makes most of its revenue from ads and can only show ads on its native apps and website.
Reddit started testing ads in comments last year, with COO Jen Wong saying during an AMA that such ads are in âabout 3 percent of inventory.â The executive hinted at that percentage growing. Wong also shared hopes that contextual advertising, or ads being shown based on the content surrounding them, will be a âbigger part ofâ Redditâs business by 2026.
I have eaten far too much popcorn this far, but will keep watching the collapse. My account is 17 - 18 years old at this point but I have not logged in for at least a year.
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Late this fall, after all of the nonsense on Reddit, Facebook, and Instagram I asked myself a very simple question.
"Is the reason I joined these sites still valid? What do I actually enjoy about social media these days?"
The answer was basically "rose colored glasses."
I joined **Reddit **after the 'deaths' of Slashdot and Digg. It became my source to get new and interesting content I probably wouldn't have found otherwise. Now it's bots arguing with bots and 75+% of the content is just recycled shit by people trying to make money. Much of the rest is from people trying to manipulate you.
Delete.
I joined Facebook to keep in touch with my friends and family - especially those I don't see often. Over time, the amount of good content from people I knew dropped to maybe 25% of my feed. Most of it now is AI-generated bullshit or more of the same recycled content you see on Reddit.
Delete.
I joined Instagram to share some of my landscape photos and view some of the great photos some close friends were sharing. Over time that became less and less. Queue the recycled and AI-bullshit content.
Delete.
So, I challenge everybody to ask themselves do they actually enjoy social media? Do these sites actually add value to your life and in any way remain true to their promise when you joined them so many moons ago. Are you actually making any connections with people? The 'social' in 'social' media? Or just watching people talk at each other, not to each other.
After answering those questions, the answer about whether to stick around is pretty clear.
I had the exact same experience except that I never got onto Insta because Meta bought it.
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I disagree. I hate the decisions they make and personally, along with you, I think it's idiotic.
But while I hate on them, they will get away with it. Theyre not stupid. The decisions don't align with its users but it will still work.
Look at netflix raising prices for arguably content. Working for them.
Reddit; Charging for the API essentially killing almost all 3rd party apps. Not sure the effect but reddit doesn't seem to really be hurting. Users want to move but reddit is just too good. I even still use it because the user content on there is amazing. I try to ask all my questions/have discussions on lemmy, but I'm one person. Reddit has infinity more always contributing. I think the management sucks, but the platform just isn't fully rivaled yet so they can keep milking their audience.
I disagree that Reddit has good content but even bad content is better than no content for communities that havenât been built here yet