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view the rest of the comments
The article says it won't affect existing free subreddits. It's also worth pointing out that Reddit Lounge (a subreddit exclusive to Reddit premium members) has been a thing for a long time. So really, this probably isn't that big of a deal, Reddits most profitable asset is its huge user base and I don't think they're dumb enough to torpedo it. Then again, look at what happened to tumblr, you never know...
they do see the advertising revenue from/per user more than the prenium accounts. seems like they are trying to copy facebook model.
for now...
Idiots will absolutely drop a dollar chasing a nickel, but still believe they were so clever that they came out ahead. I wouldn't put any amount of stupidity past them at this point.
Reddit lounge was innocuous, and not at all the same. (Even if the basic mechanic is the same.)