Why Reddit Is Betting On Original Content
Posted in: UncategorizedThe "80s cliché is that video killed the radio star. Now it's quickly killing other priorities as a growing number of media concerns put greater focus on original programming, all in a quest for higher CPMs. Some are new players.
Consider Reddit, for example.
Nearly two years after its split from Condé Nast — in 2011, it became an independent subsidiary of Condé's parent company, Advance Publications — Reddit is now making a concerted effort to court top brand-name consumer advertisers by weaving them into original video programming. This comes as it aims to broaden its appeal beyond its huge core tech-savvy community.
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