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Chronicles

The story behind the story

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The NYT, Puck, and more are focusing on Reddit; Semrush says Reddit's monthly visitors went from 132M in August 2023 to 346M in April 2024 after Google changes

Adweek Mark Stenberg

Context & Ripple Effects

Reddit had already been building a larger audience and advertising business: it reported 52M daily active users in October 2020, while earlier coverage documented its push to sell agency-friendly ad formats. The Semrush figures put renewed attention on how prominently Reddit can surface through Google-driven discovery.

That attention also creates a monetization backdrop. Subsequent coverage describes Reddit's interest-based targeting through subreddits as an alternative to personal-data targeting, while later ad buyers tied spending to Reddit's visibility in AI-powered search results.

First-order effects

  • Reddit gains a substantially larger reported pool of monthly visitors for communities, publishers, and advertisers to reach, increasing the commercial importance of its search-discovered traffic.
  • The NYT, Puck, and other outlets have a clearer reason to devote coverage and reporting resources to Reddit as a platform whose reach has accelerated alongside Google changes.

Second-order effects

  • Advertisers and agencies can place more weight on subreddit-based audience targeting, reinforcing the sales argument in Reddit's targeting model built around user interests rather than personal profiles.
  • Other publishers dependent on Google referrals face sharper pressure to understand why forum and community pages are receiving greater visibility and to compete for search attention.

Third-order effects

  • If this pattern persists, search distribution will increasingly determine which community platforms become meaningful media and advertising channels, not merely which sites receive one-off referral spikes.
  • Reddit's revenue model could become more intertwined with search-platform visibility; that would make changes to Google ranking and product design a larger strategic variable for publishers and ad buyers.

The trend: Search is becoming a more consequential distribution layer for community-generated content, turning platform visibility into advertising and media leverage.

Discussion

  • @kylestack Kyle Stack on x
    As I read this article about increased traffic to Reddit, I thought about commentary from @Max_Fisher on the latest Offline podcast w/ @jonfavs about text-based social platforms. X is stuck in an odd era, Threads is on the periphery, maybe burgeoning. Reddit has momentum.
  • @adrierising Adrie Rose on x
    respectfully if reddit starts paywalling subs, it will effectively shoot itself in the foot
  • @rafat @rafat on x
    What $60million a year deal does for you. And it sucks for users in most cases, but never mind that part.
  • r/technology r on reddit
    Publishers Are Redoubling Their Presence on Reddit As the Platform Rises in Search Visibility