Reddit’s recent decision to change the cost for its API, a move that is driving independent developers out of business, has taken an odd turn.
New API Pricing
Reddit co-founder and CEO Steve Huffman stated that the API modifications will not be reversed. He called Christian Selig’s messages “all over the place” and said Reddit wouldn’t deal with him. Selig has been emphasizing that Reddit’s new API pricing would prevent him from running the Apollo app, which would cost $20 million per year.
Before the July 1 API fee change, the app closed on June 30. Huffman stated that Reddit’s position hasn’t changed and that the company will remain profit-driven until revenues arrive.