Reddit CEO says paid subreddits are coming this 12 months

You would quickly pay to entry sure subreddits, in line with feedback shared by Reddit CEO Steve Huffman throughout a taped video AMA (Ask Me Anything). Huffman has advised the corporate may experiment with some sort of Reddit paywall earlier than, and now its apparently taking place.

When requested if he may share details about the event of paid subreddits, Huffman stated that “It is a work in progress proper now, in order that one’s coming.” To a comply with up query about new options coming to Reddit in 2025, Huffman stated “Paid subreddits? Sure,” confirming they’re on the record.

Sadly there’s little element as to how paid subreddits will truly work once they do launch. It’d make sense for under Reddit Premium subscribers to have the ability to entry paid subreddits, for instance. As Ars Technica notes, Reddit does provide an unique subreddit for subscribers referred to as r/lounge. The corporate additionally at the moment pays some customers for posting by way of the Reddit Contributor Program. The items for a paywall are there, however you need to fill in various blanks to get them to suit collectively.

Nonetheless they occur, paid subreddits proceed Reddit’s purpose of monetizing as a lot of its user-generated content material as doable after going public in 2024. The corporate has signed licensing offers with each OpenAI and Google, and is at the moment pulling on customers’ posts to reply questions with its Reddit Answers chatbot, all in an try and squeeze as a lot worth out of the content material it already has. A paywall is perhaps a blunter approach to make that occur, however it’s not stunning.

This text initially appeared on Engadget at https://www.engadget.com/social-media/reddit-ceo-says-paid-subreddits-are-coming-this-year-203823936.html?src=rss

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