Today Reddit contacted the owners of Apollo and other third party Reddit apps notifying that API access will cost $12,000 per 50 million requests, which would amount to $20 million per year for Apollo.
This is currently planned to go into effect on July 1st. This market will resolve YES if Reddit charges this rate on July 1st, 2023. If Reddit delays or cancels this plan, this market will resolve NO. If Reddit decides to charge less to Apollo, this market will resolve to 50/50 regardless of how much less they charge.
1,000
1.00@evergreenemily It has started
Reddit admins now forcing blacked out subreddits to re-open, threatening to replace mod teams if they don’t comply.
https://www.reddit.com/r/apple/comments/14al426/rapple_blackout_what_happened/?
Spez is holding strong. Says blackout will pass, and has no intention to do anything.
https://www.theverge.com/2023/6/13/23759559/reddit-internal-memo-api-pricing-changes-steve-huffman
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So far he is holding strong with no intentions to change anything.
https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/
👀 spez the ceo is doing an AMA tomorrow. https://reddit.com/r/reddit/comments/144ho2x/join_our_ceo_tomorrow_to_discuss_the_api/