As some subreddits continue blackouts to protest Reddit’s plans to charge high prices for its API, Reddit has informed the moderators of those subreddits that it has plans to replace resistant moderation teams to keep spaces “open and accessible to users.”
Edit, there seems to be conflicting reporting on this issue:
While the company does “respect the community’s right to protest” and pledges that it won’t force communities to reopen, Reddit also suggests there’s no need for that.
Source: https://www.theverge.com/2023/6/15/23762501/reddit-ceo-steve-huffman-interview-protests-blackout
Funny how he repeatedly uses phrases such as “the extent that they were profiting off of our API” but has never used the phrase “the extent that we rely on freely provided content and freely provided moderation. If it weren’t for the tens of millions of people who are giving us free stuff we wouldn’t even exist.”
I have yet to profit a single dime off of Reddit. After over ten years (11th Cake Day is coming up), and nothing to show for it but piles of worthless Karma.
He was referring to app developers who charged for license or for premium features. Those people “profited” or at least, took in revenue.