this post was submitted on 30 Jun 2023
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The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…

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[–] lobut@lemmy.ca 138 points 2 years ago (31 children)

For June 20 and 21, the most recent days for which Similarweb has estimates, the ads site got in the range of 7,500 to 9,000 visits, Carr explained, meaning that ad-buying traffic has continued to drop.

I'm glad Reddit is feeling something from this, however, at the same time. I kinda don't care. It's a shame it went the way that it did. But spez can't take back his terrible attitude and decision making on what happened. Most people were sympathetic and wanting Reddit to be profitable and rooting for Reddit. However, spez just decided to come out swinging from nowhere hitting his allies in the face.

[–] Jessica@discuss.tchncs.de 12 points 2 years ago (2 children)

It’s worth mentioning the article said prior to the blackout ads saw ~14,500 clicks so they’re currently down 40-50%

[–] Osa-Eris-Xero512@kbin.social 6 points 2 years ago

It'll be interesting to see which advertisers are the ones which think the current state of affairs provides a good ad platform for their orgs.

[–] The_Picard_Maneuver@lemmy.world 5 points 2 years ago

That's significant, and it doesn't surprise me. Even if I wanted to keep using reddit, the content has taken a nose-dive and the mood sucks now, so I bet people have cut their usage down.

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