Reddit

Forever growing profits and money to grow the IPO this is the logical choice. I saw this comming. I left reddit a few months ago. Never been happier.

This is amusing, in the day and age where everyone is tired about subscriptions everywhere???

My understanding is that they want to offer monetized subeditors for content creators and influencers, a mush up between Patreon and onlyfans

It'll be the porn they charge for.

They know only wankers will give them money.

Ever been on /r/lounge? If you have you've probably got a pretty good idea of what to expect from these subs.

Hello to all the new users!

Yes let's put a site that consists pretty much entirely of user-created content behind a paywall, what could possibly go wrong?

Reddit has been shit since 2014, some would argue since its inception. It never properly replaced serious forums that specialized on their own niche, like PC hardware, gossip, cars, or whatever. The subreddit replacements always felt like lower quality EVEN THOUGH Reddit mods are (in general) more trigger happy than those running proper forums. The astroturfing, the deception, the lack of respect for its users, the UX dark patterns, it has all been getting worse and worse. Some haven't gotten the memo yet, that Reddit serves no one but itself, it's a cancer.

So the same MO as always. To take a stranglehold of the internet. "Creators" or "influencers" or whatever buzzword will be all over this as it's an opportunity to monetize. I'm sure reddit corporate will be taking their piece of rent seeking of course.

The bigger implication that everyone always ignores is that this is going to lock users into the walled garden. Up to now posters have been driving people off site. The comic artists are a good example. They post their comics as image posts. They direct people off site to access more content. They will no doubt jump on the chance to have a paid subreddit. This is an attempt to kill off whatever sites the artist use. If they had some other service providing monetization then that company is probably panicking a little right now.

Good. At this point reddit is just a weak sauce place for bots/marketers to post where other bots/marketers scrape them. It's rumored that 10% of their revenue is from content deals with Google. At this point, most of the interesting communities on reddit have gone elsewhere and it's long ago jumped the shark.

It's clear that the corporate goons in charge are busy just trying to squeeze any remaining nickles out of the userbase. At this rate it won't be long before a private equity firm buys reddit and you start seeing articles "Reddit: what happened?"

Too bad, it was a site that used to be so good and was sold out 5 ways to Monday and the corporate overlords have fucked it again. At least lemmy is around... it doesn't have the scale of reddit but it's way better in a lot of ways already.

How many times does Spez have to whip his subjects before they will finally learn about fediverse alternatives.