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Reddit is owned by Advanced Publications, a media company. Facebook and Google are sucking all the profits from old media - Reddit is their hedge against that.
by ndiscussion 6y ago
Reddit is owned by Advanced Publications, a media company.
Facebook and Google are sucking all the profits from old media - Reddit is their hedge against that. Of course they don't complain.
- nightcracker 6y agoNew money v.s. old money.