The enshitification continues…

Reddit executives discussed plans on Tuesday for making more money from the platform, including showing ads in more places and possibly putting some content behind a paywall. On Tuesday, Reddit shared its Q2 2024 earnings report ( PDF ). The company lost $10.1 million during the period, down from Q2 2023’s $41.1 million loss. Reddit has never been profitable, and during its earnings call yesterda

Source: Reddit considers search ads, paywalled content for the future