Reddit CEO defends API charges, claims third-party app developers made millions

  • Reddit CEO Steve Huffman says app developers like Apollo’s Christian Selig earned ‘millions’ using Reddit’s API for free.
  • Huffman stated it costs Reddit around $10 million to support third-party apps, and the platform must become a self-sustaining business.
  • Developers plan to shut down Apollo and RIF apps due to upcoming API pricing changes with annual costs up to $20 million.
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