Reddit CEO says paid are soon
Reddit, a platform based in part on the prerequisite for open and wide -shaped information, is ready to put some paid walls. In a Video Ask me something (AMA) session Host by CEO Steve Huffman after the company’s quarterly profit report (which went bad), the founder and the contractor stated that Reddit is actively testing the ways to make any content, require payment for access and plans to implement a “Paid Subreddit” feature later this year.
Huffman described The model of paid content as a “work in progress”, but mentioned that this will be one of the “new, key features” that the company intends to introduce in 2025, it notes a continuation of the Huffman focus on the payment requirement to certain areas of Reddit. Last year, the CEO stated that the company was Looking at the construction of a new type of Subreddit This would include “exclusive content or private zones” hidden behind a paid wall.
Reddit scraps as much effort to provide revenue as the company seeks to continue to produce a return for its shareholders – the attempt of consumers to be damn. The constant complaint of the Reddit user base is clean Number They are exposed, especially on the first side of the platform Mobile appS Moreover is significantly concluded licensed agreements with both Google and OPENAIAllowing companies to use Reddit content to training AI models.
And the paid Subreddits would not necessarily be the first time Reddit has entered the business with paid premium features. The company has sold a subscription called Reddit Gold since 2010, which offers users features, including no advertising scroll. The availability of gold also provides access to R/Lounge Subreddit, which can only be seen by Gold subscribers. But Gold has never been A huge revenue generator for Reddit.
There are many complications that Reddit may also need to consider this paid order experience. First is the simple fact that the greater part of the Reddit content is aggregation. The company has certainly invested in an attempt to get more original content on the platform, including Reddit Assistant Program This pays users for the site contributions based on how much karma they accumulate. Then it is the fact that the paid Subreddits may require a different model of moderation, as you would imagine that it would be difficult to ask volunteer moderators to monitor the content that generates money that will not receive their hands.
Reddit may have a place to eat in the Patreon model, which allows creators to place certain content behind the paid walls. Many creators have their own subreddits, which are already intended to facilitate community conversation in a way that comments on Patreon publications do not allow completely. So there may be room for reddit to sneak into this space.