Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise...
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 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.
I want to switch aswell, but what is to stop bigger servers from doing the same on Lemmy?
Also where can I find the best instance for each of the Reddit equivalent? For instance I want wall street bets, where is the most active instance of that?
Friendly reminder that the Fediverse is awesome, and you have the power to control the content in your feed not only by which subs you subscribe to or instances you make an account on, but also which you can block - including specific users if it comes to that. Of course, instance admins can do the same, and if that happens to content you want to see, you can always make a new account on a different instance and see everything.
It takes a little to understand the Fediverse structure, but imo it’s one of the best ways social media can be structured.
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.
Medium’s paywall gets lots of hatred, but at least they use it to pay the authors of the paywalled posts, so it kind of makes sense - you pay to consume content and get payed to create content. But Reddit is a forum, not a blogging platform - the separation between content creators and content consumers is much more blurred. If a subreddit gets paywalled, then the Redditors who create the content there - both the posts and the comments - will need to pay. Which will instantly ruin these subreddits when most of the posters will just take their posts elsewhere.
Did Reddit decide to imitate the business model of academic journals?
I hate how everything has to be monetized nowadays, or how money is to be expected for everything. Eventually people who provide free service or altruism will be seen as competition.
It’s called digital enclosure. Enclosure was a movement that began in Britain in the 1700s (but really it’s always been going on…) to close off the commons that pastoralists had been using to publicly graze their sheep. It happens to all new media because it’s the only way capitalists can imagine their operations.
They think that their domination is strong enough so that after an initial backlash, the users will come back since they have nowhere else to go. And they’re kind of right.
They think they are so entrenched that the thought of users leaving is not a consideration at all. He said it himself and been proven right. Governments are also asleep at the wheel. Their users are prisoners.
You assume that the governments of which you speak are not assisting intentionally. These companies did not write the EULA legal frameworks that allow them virtual carte blanch to take and do whatever they want just because the population is trapped in the endless cycle of coercion that is our life.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world
This is a most excellent place for technology news and articles.
What’s going to stop people from creating a new community and migrating the second reddit pay walls it.
Oh pics is now paywalled, looks like everyone is using pics_free
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.
I want to switch aswell, but what is to stop bigger servers from doing the same on Lemmy?
Also where can I find the best instance for each of the Reddit equivalent? For instance I want wall street bets, where is the most active instance of that?
The dumbest motherfuckers
Here because of this
This is the reason i created an account here lol
Hey! Welcome!
I recently joined as well. It’s actually very nice here.
Let’s make something nice _
lol I saw this on reddit and was like fuck it, and made a lemmy account.
Welcome friend 😁
Hey nice to have ya!
Friendly reminder that the Fediverse is awesome, and you have the power to control the content in your feed not only by which subs you subscribe to or instances you make an account on, but also which you can block - including specific users if it comes to that. Of course, instance admins can do the same, and if that happens to content you want to see, you can always make a new account on a different instance and see everything.
It takes a little to understand the Fediverse structure, but imo it’s one of the best ways social media can be structured.
Welcome to Lemmy. Go fuck yourself /s
I haven’t been over there in a while but I noticed the AIs are starting to show up here. How was it over there? Rough percentage of how many?
Heyyy!!! Happy to have you here. Enjoy it while it’s small ;) feels like old Internet here.
So…this is for porn.
Only fans, but on Reddit.
I suspect it will work out sickeningly well for them.
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
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…
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.
OK, so you’ve laid out they’re likely to do.
All the big companies trying to clear out the porn to make it monetisable, only for porn to be the answer all along…
Posts like this remind me just how grateful I am for the Fediverse.
Medium’s paywall gets lots of hatred, but at least they use it to pay the authors of the paywalled posts, so it kind of makes sense - you pay to consume content and get payed to create content. But Reddit is a forum, not a blogging platform - the separation between content creators and content consumers is much more blurred. If a subreddit gets paywalled, then the Redditors who create the content there - both the posts and the comments - will need to pay. Which will instantly ruin these subreddits when most of the posters will just take their posts elsewhere.
Did Reddit decide to imitate the business model of academic journals?
I hate how everything has to be monetized nowadays, or how money is to be expected for everything. Eventually people who provide free service or altruism will be seen as competition.
It’s called digital enclosure. Enclosure was a movement that began in Britain in the 1700s (but really it’s always been going on…) to close off the commons that pastoralists had been using to publicly graze their sheep. It happens to all new media because it’s the only way capitalists can imagine their operations.
Ha. Line must go up or it affects the stock price. Profit first, users last.
I mean, wasn’t that what /r/lounge was for?
Second wave of Reddxiters on Lemmy in 3…
Yep, I’m one of them
I just joined - in fact this is my first comment. I was tired of my page (and now comment sections) getting flooded with ads.
The Reddit experience isn’t going to get better, it’s just going to get more profitable for shareholders.
Just logged into my year old account, checks out
Why do all of these companies decide they are so tired of existing?
Self destructive addiction even happens to corporations.
They think that their domination is strong enough so that after an initial backlash, the users will come back since they have nowhere else to go. And they’re kind of right.
They think they are so entrenched that the thought of users leaving is not a consideration at all. He said it himself and been proven right. Governments are also asleep at the wheel. Their users are prisoners.
You assume that the governments of which you speak are not assisting intentionally. These companies did not write the EULA legal frameworks that allow them virtual carte blanch to take and do whatever they want just because the population is trapped in the endless cycle of coercion that is our life.
It’s the final stage of the pump n dump.