Reddit puts its plans for paid subreddits on hold
Reddit is reversing course on its plans to put some subreddits behind a paywall, at least for now. CEO Steve Huffman said the company is "shifting resources away" from the effort as it doubles down on search.<br /> During the company's recent earnings call, Huffman said that Reddit was "deprioritizing" its work on "user economy" initiatives in order to put more resources into turning the site into a "go-to search engine." In a follow-up AMA on Reddit, he confirmed this includes pausing work on paid subreddits.<br /> "To stay focused on what matters most, we’re shifting resources away from a few areas, such as work on the user economy," he wrote. "This includes what some have referred to as paid subreddits." Thou [...]
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