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Reddit CEO Says Paywalls Are Coming Soon (gizmodo.com)

submitted 1 week ago by pepsi_not_coke@sh.itjust.works to c/world@quokk.au

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Reddit, a platform founded in part on the premise of openly and widely sharing information, is ready to put up some paywalls. In a video Ask Me Anything (AMA) session hosted by CEO Steve Huffman following the company’s quarterly earnings report (which went poorly), the founder and exec said Reddit is actively testing ways to make some content require payment to access and plans to roll out a “paid subreddit” feature later this year.

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[–] affiliate@lemmy.world 6 points 1 week ago

surely the people posting in the paid communities will get some kind of remuneration for their posts, right? they wouldn’t just try to sell other people’s stuff without giving them anything in return? surely they don’t think that little of their userbase.