Eh...I think their position is reasonable:
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.theverge.com%2F2023%2F...
Basically the only apps that are negatively affected by this are the ones who were making money off of reddit, and reddit wasn't seeing a dime of that.[...]The other apps that offer accessibility and other whatnots have apparently already negotiated deals with reddit for API access, and reddit was willing to offer them discounted or even free access if it was entirely charitable.
No, that's not accurate. Couple things:
1) Reddit chose not to monetize their API and by extension 3rd party apps until this moment, and to go clear to 11 when they did so. They could have picked a sustainable dollar amount if they were actually interested in monetizing 3rd party app access but instead chose to price at a level that operated effectively as a ban. No app was generating income at a tenth Reddit's demand, and Reddit is at the same time removing their ability to deploy their own ads (income) and receive NSFW content (reduced features). Generally speaking, increasing the price and removing features at the same time does not make a product more successful.
2) Reddit could have created API calls to serve ads, and also to receive back the same sort of advertiser data they get from their in-house "app". They chose not to pursue this route.
3) Reddit has for years been ignoring community commentary that their app is unweildy, unpleasant to use, and lacks sufficient moderation tools. As it started life as Alien Blue, this is especially disappointing as Reddit has invested time, money and effort into making the app worse than when they bought it.
4) I've only heard of two apps "cutting deals", and I've not seen any strong confirmation. I don't see how any sort of deal is sustainable if the terms are "free API access, but you cannot serve ads". And LOL to "discounted".
This is a problem entirely of Reddit's making, they're unwilling to entertain reasonable compromises, and they don't perceive the users of these apps as stakeholders in the platform even though we contribute the content that they monetize.
I also am unwilling to compromise. I have started transitioning over to Lemmy, and I will soon be removing my post history from Reddit. Once RiF dies, I will only use old.Reddit for buying and selling in the few marketplaces that I participate in.
Maybe spez is right, maybe he doesn't need my content. I know one thing though, I don't need his.
Apparently the
Apollo guy doesn't even deny that he's already made millions on that app, and he's just flat out refused to make any deals with reddit, basically saying that if he has to pay anything at all, then the app is going to shut down, period.
I'd be interested to see where you've seen this claim, and if it's from a credible (read: non-Spez) source as it doesn't jive with statements from the developer nor other third party app developers. They all have consistently claimed that Reddit was unwilling to deal on the API cost, or the NSFW access, or the ad restriction.
And so what if he's made millions? Reddit has made millions upon millions as well. Reddit's lack of profitability is a failure of leadership. I can't find 2022 income, but Reddit earned $456.38mm in 2021. They ship a digital product. They haven't developed any features the community has requested and maybe only a handful that the advertisers have.
It should honestly be alarming that Reddit isn't profitable at $456mm income.