Unlike some of the 3P [third-party] apps, we are not profitable

It's their own fault. They didn't have to take hundred of millions of venture capital and hire thousands of people. They didn't have to go try to become a XX billion dollars company fighting with Facebook and Tiktok.

They could be profitable with a hundred engineers, a hundred support staff and reasonable ads. They could make delivering ads part of their API and have 3rd party apps serve them for them. They could let those 3rd party app handle the mobile markets since those solo devs are creating better apps than the hundreds of engineers at Reddit.

I'm really annoyed that they are changing a winning formula to build something that nobody wants

It blows my mind that Reddit can look at 90% of its communities going dark in some way and think, "yeah, this is fine."

EDIT (AGAIN): Thank you all for the comments on total subs. It's still clearly not 90%, but it still appears to be a significant portion of the active Reddit community. For the interested, check out the comments below for stats. :)

That's what Huffman was saying BEFORE the blackout. Now that 8476/8838 subreddits are currently dark, I wonder what he would say now? I don't really see how Reddit recovers from this. It's sad because I loved it and there's nothing else like it (yet), but there would need to be some major changes taking place before a lot of people consider venturing back.

Guess I'm sticking with Lemmy, then.

It's not that you're charging for API access; it's that you're charging US pharmaceutical industry pricing levels ($12,000 for something that should realistically be $200) and then only giving devs such a short time to implement changes. This was designed to kill 3PApps outright and everyone can see it. What an ass.

Cool beans. Thanks spez, for introducing me to lemmy.

Well Steve, it's not profitable for me to be a moderator for free either. Feel free to let me know how profitable you think you'll be after hiring enough staff to replace all the mods that'll be leaving.

Since I don't see a link to it in the discussion, here's an internal email from yesterday that has made its way to the Verge: https://www.theverge.com/2023/6/13/23759559/reddit-internal-memo-api-pricing-changes-steve-huffman

RIP Reddit! This was all I needed to see to delete my reddit shortcuts from my phone and computer. let's gooooo lemmy!

There is literally no new information in this article and the title implies that it is in response to the acutal blackout, and not the threat of one. Bad article.

They really should have just found out what the 3rd party apps -COULD PAY-. If it covered the cost of their usage and there was some profit on the top, it would at least bring in some money. Based on what I read by the Apollo dev, there was back and forth communication about pricing for a while until he broke the news.

It astounds me that they chose to cut them off entirely by offering impossible pricing. Isn't some money better than no money?

The alt-right is having a great time right now on Reddit. Tons of their posts from r/conservative on the front page.

"We are not profitable"

Says the one who wants the money of 3rd party developers.

I just want to point out that the article is dated 9 June, so before the actual blackout. Maybe they have changed their mind seeing the actual data

I really can't wait to see what's the fallout of Reddit going dark. Does the community really wield the power? Or does Reddit have another ace up its sleeve?

I don't need reddit. Reddit doesn't generate content, nor does it prevent contributors from sharing the same content on other platforms.

What is reddit doing to win me back?

Digg used to be king. People abandoned it in droves when they went a step too far and there was an alternative. Reddit is not immune to the same thing happening to them.

Obligatory fuck /u/spez.

The world is ready to fully transition away from that cancerous company.

First comment here. Sad to Reddit go but also it's their own fault for pushing me away

WE should blackout for longer, i own a very small subreddit, but 2 days is not enough!! im not backing down tomorrow, i ask over subs do the same. lets stick it to reddit

Had the subs gone off for longer (2 weeks) or indefinitely, the risk of Google bots dropping links may have shaken things up more. Personally, I don’t see Reddit going anywhere. There frankly is not enough backing for a sustained enough period of time. Reddit knows tomorrow subs who joined for 2 days will re-open.

Just migrated here from reddit. Don't plan on going back. That platform is done.

Yeah, at this point. All these big tech companies are succumbing to their greed.

Good that FOSS are being made to be the shelter for this wasteland that is big tech.

I guess Lemmy will be getting bigger then

This is great news. I want federation

Well at least they'll be more "profitable" with so many less users coming to the site and using third party apps.

Glad I've found Lemmy.

Reddit & Twitter going crazy only few months appart, and with this attitude they deserve to vanish in trashbin of internet history

This kind of protest is meaningless, going back online after 48 hours? It's just a way for communities to feel good about themselves. The best way to protest is to delete the account / subreddit going offline indefinitely (although I doubt the effectiveness of this)

just deleted my last account. fuck em lol

And that's why this is my first comment on lemmy! Just in case Reddit eats itself.