In an AMA (Ask Me Anything) video stream last week for Reddit's 2024 fourth-quarter earnings, CEO Steve Huffman confirmed that the message-board giant is still working toward paid subreddits on the platform.
Reddit CEO Steve Huffman said that the company experienced some “volatility” in user growth as a result of a Google search algorithm tweak.
Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so far in the first quarter, CEO Steve Huffman said in a letter to shareholders.
In a video Ask Me Anything (AMA) session, Reddit CEO Steve Huffman said the paid content model for subreddits could roll out in 2025.
Reddit CEO Steve Huffman said paywalled forums are coming this year, and the company is also exploring expanding e-commerce features in the future.
Reddit's stock dropped more than 15% after hours on Wednesday after the company reported user growth below analyst expectations in its fourth-quarter earnings. The site averaged 101.7 million daily active unique users in the fourth quarter,
In a recent earnings call, Reddit CEO Steve Huffman said that paid subreddits are a work in progress and could be introduced soon.
Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday. Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
A Google search algorithm change caused some "volatility" with user growth in fourth quarter, but Reddit's search-related traffic has recovered in the first quarter, Reddit CEO Steve Huffman said. Reddit shares fell more than 10% on Wednesday after the company reported user growth numbers that came in below expectations for the fourth quarter.
Plans for a Reddit paywall of some kind have now been confirmed by CEO Steve Huffman, after hints about it last summer. Huffman confirmed the plan for paid subreddits during a pre-recorded Ask Me Anything video shown during the company’s earnings call
Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so far in the first quarter, CEO Steve Huffman said in a letter to shareholders.
The paid content shift is one of numerous ways Reddit is trying to boost profits. Reddit’s CEO said a paywall in its plans for 2025. The social network’s leader, Steve Huffman, shared the news during a recent video Q&A about last year’s Q4 earnings.
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