Reddit Gold goes live with fees and benefits

Posted by Leah McBride Mensching on July 21, 2010 at 4:26 PM

Conde Nast's social news and discussion website Reddit is moving into the subscription model, after asking users earlier this month for donations, WebProNews reported yesterday. Reddit Gold now has more than 9,000 subscribers, who will have access to special features.

Previously, the site needed more money for staff and technology, and asked users for the donations, creating Reddit Gold for those paying members. Just a week later, the site has received so many donations it has outlined what it will give users, and how it will move from its donation scheme to a paid business model, TheNextWeb explained.

Paid subscribers will get to choose whether they see ads, use of userpage sorting, a feature called "Friends with Benefits," in which users will be able to take notes and see them when they mouse over names, and more, according to paidContent.

New subscribers will pay US$3.99 for Reddit Gold, and for the next week, a special price of $29.99 has been advertised for one year.