Reddit Paywalls to strike this year as the paid to the lords have confirmed
The paid walls arrives this year, confirmed by the CEO of Reddit, Steve Huffman.
In a Ama pre -recorded video (Ask me anything) Friday Answering the Redditors questions Regarding the benefits of the company’s T4 2024, Reddit managers shared more information on its plans to monetize the social media forum.
In August 2024, Huffman hinted that The paid walls were on the way, By saying: “We are going to unlock the door for new use cases, new types of layers that can be built which can have exclusive content or private areas, things of this nature.”
Asked about the progression of the monetization of subrediti on Friday’s video, Huffman said: “It’s a work in progress right now for us to come. We are working on it while we are talking.” In a separate question on the main features of 2025, Huffman has confirmed that users can expect to see the introduction of paid-ups this year.
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Reddit had remained a fairly coherent platform since its creation in 2005. But His introduction Last year, marked significant changes in an effort to increase the value of shareholders. THE most notorious was Hiking on its API costsEffectively closing popular third -party applications like Apollo. Reddit also concluded license agreements with Google And OPENAI in exchange for Let their web robots access the site.
There was not many details on what a paid subredit model might look like, but as mentioned in the AMA, the platform is actively looking for other ways to generate income. Huffman also mentioned the introduction of a market to buy products via the platform, although he described it as a long-term plan.
The chief of the Jen Wong also stated on the importance of license agreements for AI chatbots like Google Gemini and Chatgpt, in addition to “marketing and social listening” customers. Reddit also has its own Chatbot Ai called Reddit Answers which is purchased by the Reddit community.
All this to say, expect more changes from Reddit and expect them to come with a cost.
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