Reddit to Launch Paid Subreddits After Public Offering

In a significant departure from its traditional free content model, Reddit CEO Steve Huffman has revealed plans to introduce paywalled subreddits this year. This shift comes on the heels of Reddit's 2024 IPO and its recent earnings of $71 million in Q4. Users may soon be required to pay for access to specific new subreddit content, while existing subreddits will remain free. Reddit will need to navigate challenges such as compensating volunteer moderators and sustaining user engagement as it strikes a balance between paid and free offerings.