Cheezburger Network Offers to Buy Reddit

Ben Huh, who runs the Cheezburger Network, has offered to buy Reddit. This comes after Condé Nast, which owns Reddit, rejected Prop 19 ads on the site (Facebook also rejected them). ...
Cheezburger Network Offers to Buy Reddit
Written by Chris Crum
  • Ben Huh, who runs the Cheezburger Network, has offered to buy Reddit. This comes after Condé Nast, which owns Reddit, rejected Prop 19 ads on the site (Facebook also rejected them).

    Yesterday, Reddit posted the following message:

    The reddit admins were just blindsided with the news that, apparently, we’re not allowed to take advertising money from sites that support California’s Prop 19 (like this one, for example).

    Reddit says the decision was made at the highest levels of Condé Nast, and that "Reddit itself strongly disagrees with it, and frankly thinks it’s ridiculous that we’re turning away advertising money."

    Enter Huh’s offer. On the site The Daily What, which is part of the Cheezburger Network, there is an email Huh wrote to Condé Nast, which says:

    I have made this offer privately to a few people associated with Reddit, and I’ll say it publicly now:

    I believe that Reddit is one of the best communities I have seen on the Internet. I also believe that Reddit would benefit from more resources and less corporate interference. We can offer all of the above. And we’d love to buy Reddit and all those pesky troublesome users that we love so much.

    Condé, we’ll be waiting for a call.

    Huh is a big fan of community. Here’s an interview WebProNews did with him not too long ago:

    Reddit says its trying to convince "Corporate" that they’re making the wrong decision. Maybe Huh can convince them to make another decision entirely. Reddit doesn’t appear to be too happy under Condé. They recently began asking for user donations for support, because they were not getting enough resources from the company.

    By the way, Reddit decided to run Prop 19 ads anyway.

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