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Reddit may compel the shutdown of Apollo and other customers in exchange for a $20 million annual API fee.
June 01, 2023 By Awanish Kumar
(Image Credit Google)
According to Christian, who has done further research, this shift will result in Reddit charging third-party developers roughly 20 times more for API calls than it currently charges native users. Christian says in his open letter's conclusion:I’m deeply disappointed in this price. Reddit iterated that the price would be A) reasonable and based in reality, and B) they would not operate like Twitter. Twitter’s pricing was publicly ridiculed for its obscene price of $42,000 for 50 million tweets. Reddit’s is still $12,000. For reference, I pay Imgur, a site similar to Reddit in userbase and media, $166 for the same 50 million API calls.
While Reddit has been communicative and civil throughout this process with half a dozen phone calls back and forth that I thought went really well, I don’t see how this pricing is anything based in reality or remotely reasonable. I hope it goes without saying that I don’t have that kind of money or would even know how to charge it to a credit card.Christian emphasizes that although he isn't given up on Apollo just yet, the situation will "require some thinking." Hopefully, a route to a resolution is available, but as of right now, Reddit has stated that the pricing for its API is not negotiable.
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