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Reddit Ramps Up Its Threats To Protesting Mods, As Ad Buyers Leave
(www.techdirt.com)
This is a most excellent place for technology news and articles.
Imgur has fair API prices and they serve images and video. Reddit serves goddamn text (or at least that's their core business and if they can't afford picture and video they shouldn't do it).
Sure users would have had to pay some money and/or the 3rd party devs would have had to funnel some of their ad revenue to reddit. But if it was a reasonable amount, I doubt many people would have complained about it (there are always some). Everybody knows Reddit has to make money somehow.
This wasn't designed to make money though. This was designed to kill all third party apps. I don't even see the upside from a business perspective. This seems like a petulent manchild move by Spez, just like his idol Elon would make it...