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Reddit captures 7% to 16% less audience time during blackout
(www.similarweb.com)
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this post was submitted on 24 Jun 2023
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That's really nothing. I think reddit will gladly trade 10% for more power over the platform. Those people will probably all go back in a few weeks anyway
Maybe, but another way of looking at it is that this already unprofitable company just lost (potentially) 5-10% of their marketable advertising attention. That makes their job of becoming profitable harder, and anything they do to compensate may well make their situation worse. (It could, obviously, also have no effect given how large Reddit already is)