The blackout is starting to have a financial impact on Reddit, but we must stay dark!
adweek.com
If the performance weakness continues for a week or two, the agency would start recommending decreasing spend with Reddit or directing it to other platforms.
After the blackout, we will be closely monitoring user behavior on Reddit and guide clients when we can unpause,” said Freddy Dabaghi, managing director at Stagwell-backed Crispin Porter Bogusky, which has asked clients to stop campaigns, depending on their client goals.
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Around 14 years ago or so, I actually turned off my Adblocker for reddit, because I respected the platform and how it was run. I've never turned off Adblocker for ANY other site before or since. Reddit can get fucked. I'm not going back period.
I did the same at some point. However, that place is long gone. There is no reason to be stuck there.
I think that's admirable. Personally I'd rather just pay $1 per month or something and not see ads at all and have app access.
Sites need to understand that. No one wants to pay 10$/month for some premium crap, all we want is to replace ad revenue.
But sadly most of them charge ridiculous amounts, so it's infeasible to support many of them. People end up choosing the big ones because they provide the most value per money, so we get more monopolization.
The point is that it is not one dollar, actual server costs may still grow, so subscrptions for social media are still not enough to support the infrastructure behind. Look at twitter, the subscription is there (they call it $8chan now lol) but it still costs a lot of money. The question is whether giant social media sties can be as profitable as other non-tech companies, and it's a valid question.