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In this video, NBC News’ David Ingram discusses the recent controversy surrounding Reddit’s CEO Steve Huffman’s proposal to allow users to vote out moderators involved in user-led protests on the platform. As one of the most popular websites, Reddit has struggled to monetize its platform like other social media giants. This video explores the tension between the CEO’s desire for profitability and the community’s resistance to change.
**Timestamps:**
– 0:00 Introduction
– 0:25 Reddit’s popularity and user-led protest
– 1:15 CEO’s perspective and the need for revenue
– 2:05 User backlash and the role of moderators
– 3:12 The future of Reddit and the loss of open online spaces
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*Keywords/tags associated with the video:*
NBC News, Reddit, Protest
*Source:*
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Reddit CEO Steve Huffman said he wants to end user-led protest by instituting a rule that would allow users to vote out moderators who have overseen the protest. NBC News’ David Ingram shares the latest.
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#NBCNews #Reddit #Protest
the future of reddit is wall street and thats what their response to this shows
ill just go elsewhere
😂😂😂😂😂
Might as well cancel all accounts.
Can we vote out Steve Huffman?
Awesome I hate the reddit mods
Now , they geing hack by hacker and demand 4.2 million
Steve Huffman is an incredible loser and a dork and a failure as a man. He couldn't even keep his marriage together, how would he run a company? Loser.
NBC, are you really this clueless!?! LOL
Jannies in shambles rn
Sorry Spez you no can ban here!
Wow I never thought I was going to delete reddit but this is pretty dumb.
At this point, telling giant 'journalism' companies to do their due diligence in terms of reporting is now an impossibility.
The comments here are proof of it.
Media or SocMed, this is a failure of facts, & a classic example of bias. 🤦
Reddit, like twitler, is run by pink haired n4zis
not worth even trying to post there or have a discussion
Reddit sucks
But reddit sucks
Reddit blows who cares if it burns. 2 years on that toxic site what a waste.
Anti consumer practices and anti development for app makers
greed
Hey, HUFFyMAN
Take a play from musk.
Give a POLL:
Do r/users WANT YOU as CEO?
time to vote to remove the CEO.
Interesting approach to profitability. Just torch the site and then IPO. wow
I casted a spell on Reddit a while back for banning me. People who make me feel bad, get punished.
Finally some democracy to Reddit. Rise my brothers and sisters the revolution is here.
Someone could create a clone called "Readit" right now and make bank. EVERYONE hates Huffman
I am a moderator on a large sub that went dark. It was not a mod decision. We asked our users with a "sticky" post. The sub was overwhelmingly in favor of action.
I am committed to our community. It helps people. We did not stay dark. It makes me mad to see the moderators being made out as the villains. In our sub we are users first and moderators second. We put up with a lot of abuse from trolls and outsiders who do not like our sub. We put a lot of emotional effort into protecting and nurturing our community. It is hard to keep moving forward when we hear the things the Reddit management is saying about us.
I once worked in city government. The city manager made some bad decisions. As a political move, he tried to demonize city employees. That did not end well for him. This feels like a very similar situation.
I'm ban from it
Reddit is a bad business
It's so beautiful, the great purge of the corrupt Reddit mods.
Wonderful thing to see.
It's about time reddit cracked down on power-mods. Most reddit moderators can't even manage their own personal hygiene, let alone a public forum.
Thank you for covering this. As other commenters have mentioned, there's more nuance to this situation than can be covered in this short amount of time. But any more visibility to this situation is welcome as it is hopefully showing Reddit that their platform is at risk if they continue to operate with such poor leadership and communication.
I’m a Liberal, but I am a Conservative when it comes to the internet. It should be like it was 10 years ago
Redditor of 12 years here. This is just a brief example of what will be a permanent exodus from the platform if things do not change, and this has already caused irreversible damage to the platform.
NBC, I wonder if you are really this incompetent or is Spez raining some reddit gold on you? The latter is highly unlikely 'cause he is an absolute barnacle scum. So, what is it?
Good, these selfish reddit mods are single handedly ruining Reddit. Most users don't need nor care about third party apps, if you do you've been brainwashed.
Well, I never really engaged on #Reddit, just 'read it', but now, from what I am both hearing and seeing, I shall be deleting the whole app and I don't think it will cause me or them any harm… 🤷♀️
Yup, it was fun while it last.
horrible reporting. Reddit is price gouging 3rd party apps. The community rather shutdown reddit than use the the reddit app or website.
If reddit should have instead charged a fair price to 3rd party apps, and none of this would have happened.
Also the reddit CEO says and does things that make him very unlikable. Clearly his motivation is making money with an upcoming IPO.
Re: "Reddit is dead"
Sure, but not the way you think. Reddit did this abrupt move because they've been told by their creditors and prospective investors that they have to pay their bills.
Reddit is a fraction of Facebook and even Twitter, and while power users are a small part of the community, they likely produce at least half of the high-value engagement: good posts and comments, and moderation. Reddit's problem is that they were never able to convert these power users into whales, or users who pay money. What Reddit is going to end up doing is killing this golden goose that they've never been able to effectively monetize. The benefits of Premium were never worth the price, after all, and power users hate ads to the point of using ad blocking software on their devices or networks.
This is the result of an unprofitable company sitting on a valuable community until the bills started piling up. They probably could have solved this years ago by introducing an API subscription that was reasonable (pennies per X amount of accesses per month or something AWS like) or finding a revenue model that didn't try to ape Google or Twitter. But they didn't, and here we are, hearing Reddit lie to the world in desperate hopes that the upcoming IPO/SPAC covers the bills.
broad daylight corruption
Kind of deceptive summary of the issue. Everyone seemed fine charging for the API, it was the ridiculous price gouging. Charging a small indie developer 20million per year when there revenue is far far below that.
Dear NBC: the blackout was not protesting paid access to the API – it was widely agreed that some fee schedule, at reasonable parity with going market rates, made sense to everyone. The protest was, in part, due to the pricing that Reddit announced being so high that it priced 3rd party apps out of any possible way to pay those fees. Something like 20 times the high-end of market rate.
In the past I’ve encountered MAJOR issues with censorship on subs that I have tried to post to. A lot of admin and moderators are just straight up fascists on Reddit (or at least they used to be).
80% of the subreddits are already back open. Eventually there will just be new subreddits opened in the place of the ones closed indefinitely. This protest accomplished nothing.
1. Alienate the most avid users by eliminating third-party apps
2. Fire unpaid volunteers who work tirelessly to remove spam and trolls
3. ???
4. Profit!
Someone needs to create a federated Reddit model, maybe use some of the bluesky apis to develop it so it's easy to pick up your subreddit and move to a friendlier hosting server.
Hilarious, the company wants to make MONEY off of it’s VOLUNTEER’S dedication and HARD UNPAID work. If they want to do that the company can HIRE new moderators as EMPLOYEES and PAY THEM FIRST to create open PUBLIC subreddits before they have justification more PROFIT…
No mention here of Reddit's terrible moderation tools that they have refused to spend the necessary $$$ to update so that moderators won't have to use 3rd party apps to do their jobs. If they continue with their plan I think they won't need to fire their mods—the real Q is whether they can find patsies to do the job for free when it becomes much harder without the proper 3rd party tools. That's the thing that no one in the MSM is mentioning.