Reddit's API pricing strategy threatens third-party apps.
TL;DR Summary
Reddit is demanding developers pay thousands of dollars to directly access the company's data and content, a move that could help pull in a more diversified source of revenue. The company, which first disclosed plans for an IPO in late 2021, is asking developers to pay $12,000 per every 50 million requests. This has led to disappointment among developers, with one popular third-party app creator stating that it would cost them $20 million per year.
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- New Reddit API Pricing Strategy Could Mean Big Trouble for Popular Third-Party Apps IGN
- Reddit looks set to kill third-party clients with multimillion dollar fees Android Police
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