No, reddit demanded ludicrously high fees at barely 30 days notice. It gave nobody any time at all to figure out alternative monetization strategies. Many of the third party apps had expressed their willingness to pay, but that was just absurd
Most of these apps had subscriptions already in place. All they had to do was remove the free access and maybe increase the subscription price a bit to $5/month (I’m not sure what they were charging before).
Ad revenue very often dwarfs the income from subscribing users by a huge margin. Sure, a single user subscribing pays for themselves plus a little extra, but your free users make up 70-80% of your revenue
But reddit asking to be paid for use of their API was the end of the world for these devs lol
No, reddit demanded ludicrously high fees at barely 30 days notice. It gave nobody any time at all to figure out alternative monetization strategies. Many of the third party apps had expressed their willingness to pay, but that was just absurd
Most of these apps had subscriptions already in place. All they had to do was remove the free access and maybe increase the subscription price a bit to $5/month (I’m not sure what they were charging before).
They also had ads, which they’d no longer gain revenue from. Ads can pull in $3-5 per month per user. That’s a massive loss.
They could still have ads.
Not if you remove free access. That’s a great way to lose your entire user base.
Apart from the ones that pay. You only need to look at any of the sync posts on here to see there are many, many of them.
Ad revenue very often dwarfs the income from subscribing users by a huge margin. Sure, a single user subscribing pays for themselves plus a little extra, but your free users make up 70-80% of your revenue
Sure, but again - removing the app takes away 100% of the revenue. Keeping it as subscription only gets you some revenue. Some > none.