Technology

61347 readers

4190 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

1289

Some subreddits could be paywalled, hints Reddit CEO (9to5mac.com)

submitted 5 months ago by ForgottenFlux to c/technology

447 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] NutWrench 6 points 5 months ago

The problem with media platforms like Reddit and Twitter is that they take place in a single Instance, with thousands of communities. So it's easy for one person (like an Elon Musk) to completely screw it up for millions of people.

With Lemmy, everything is decentralized. Communities are spread out and duplicated over hundreds of Instances in many countries. So if somebody ruins one Instance or community, people can just hop over to the second or third most popular Instance, and the original instance will dry up and disappear.