this post was submitted on 13 Jun 2023
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Technology

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Reddit communities with millions of followers plan to extend the blackout indefinitely (www.theverge.com)
submitted 1 year ago by red@feddit.de to c/technology
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[–] Gollan 70 points 1 year ago (3 children)

Imagine how differently this would have played out if Reddit CEO Steve Huffman had taken a collaborative approach with app developers and stake holders. A few months ago, he could have called them up and humbly asked them for ideas and assistance in making Reddit profitable. Reddit would be on path to financial success by now.

[–] Clbull 22 points 1 year ago (1 children)

I don't think it's wrong for Spez to charge for API access, but the rates he's vowing to charge are excessive and clearly designed to nuke third-party apps from their ecosystem.

As for how I'd make money from Reddit in his shoes, I'd:

  1. Add more features for Reddit Premium, like being able to view more than 1,000 items on the front page, video uploads in comments, or enhanced search functionality.
  2. Add OnlyFans-style subscriptions or revenue sharing for partnered subreddits/users, with a 90% to 10% cut between content creators and Reddit.
  3. Bring back RPAN as a full time streaming platform to compete with the likes of Twitch/Kick.
[–] AGTMADCAT@infosec.pub 2 points 1 year ago

Twitch is hardly a profit center, streaming isn't where you'd go to boost profits.

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