Technology

59622 readers

2758 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 another!
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

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

1288

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

submitted 3 months ago by [email protected] to c/[email protected]

445 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

[–] [email protected] 41 points 3 months ago (5 children)

So...this is for porn.

Only fans, but on Reddit.

I suspect it will work out sickeningly well for them.

[–] [email protected] 9 points 3 months ago

Proof of concept for allowing super users to have a patreon model maybe?

Though I can't remember the last time there were site wide famous users. Last I remember is that bird lady.

If this is their endgame the bot problem would get even worse as the value proposition improves for abusers

[–] [email protected] 7 points 3 months ago (1 children)

So...this is for porn.

Only if those subreddits have something where the user... creating that gets a portion of every subscription payment.

[–] [email protected] 4 points 3 months ago

Not only that, reddit won't be able to take more that 15% in order to be competitive with onlyfans. And also, the subs will have to be exclusive to one creator otherwise how would you spread payments

[–] [email protected] 5 points 3 months ago* (last edited 3 months ago) (1 children)

Only if it's a competitive model, only fans takes 15%, not sure about patreon, fansly, and other platforms. So reddit will need to take no more than 15% for creators to want to participate. And if you monetize a sub with multiple users, how will you spread the money? And how are you making sure reddit is paying out the fair share? So pay wall subs won't really work unless they are exclusive to one creator.

[–] [email protected] 3 points 3 months ago

OK, so you've laid out they're likely to do.

[–] [email protected] 4 points 3 months ago

But... How? What's stopping people from cross posting ? Creating new subreddits that mirror closed ones?

I mean that's a lot of effort for very little reward...

[–] [email protected] 3 points 3 months ago

All the big companies trying to clear out the porn to make it monetisable, only for porn to be the answer all along...