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Reddit pauses its paywall plans

132d ago
Technology
The Verge
Digital technology
Reddit is putting its plans for paid subreddits on hold, CEO Steve Huffman announced during Thursday's earnings call. This decision is part of a broader reallocation of resources within the company. Huffman had previously mentioned the possibility of creating subreddits with exclusive content and paywalls, initially slated for a 2025 release. However, the company is now prioritizing other areas, leading to the postponement of the 'user economy' project, including paid subreddits. While Reddit still believes in the potential of paid subreddits, the focus has shifted to more immediate priorities.
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