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.
The truth is in the better days of Reddit I would’ve paid 2 or 3 dollars to access Reddit if that helped maintain it sustainable and if some of that money reverted to mods. Now? Reddit can burn
Fark still exists with that small monthly payment to support the site model. Drew, the owner, regularly meets up with folks, too. And if you’re a subscriber he must buy you a beer if you ask him per the “terms” of service.
A nice, relatively small, community. That’s what Reddit used to be. Your post really resonated with me.
Yeah this feels like a move that would have worked a lot better before Reddit had burned a bunch of bridges with their most active users.
The pool of people with enough goodwill to pay now is likely small, and shrinking. The causal new users probably are that keen to pay up either.
That was the first sales pitch for Reddit gold. That they just needed a couple bucks a month to pay for the servers. Lots of power uses back then did just that, and felt pretty good about themselves. There were people also arguing even then that anybody who paid Reddit’s bills for them was an idiot, but lots of people did.
