Exhibit 1054

Addressing the community about changes to our API (r/reddit)

Exhibit 1054 · Institutional statement

Addressing the community about changes to our API (r/reddit)

Reddit needs to be a self-sustaining business, and to do that, we can no longer subsidize commercial entities that require large-scale data use.

Reddit states that on 18 April it announced changes to API access, that updated Data API Terms replaced the old terms on 19 June 2023, that free access is 100 queries per minute with OAuth and 10 without from 1 July 2023, that higher usage costs $0.24 per 1,000 calls, that third-party apps Apollo, Reddit is Fun and Sync would close, and that moderation tools such as RES, ContextMod and Toolbox keep free access.

Source: Reddit, Inc. (post by the company's chief executive account)
Date: 9 June 2023
Quoted from: Second paragraph
Grade: Primary record
Document: https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/
Accessed: 2026-11-10
Cited by: Findings citing this exhibit
Note: The 18 April 2023 announcement and the blackout participation counts were not read.

Cited by

Finding INF-3.13: Primary record Reddit stated on 9 June 2023 that it would charge $0.24 per 1,000 API calls above free limits from 1 July 2023. Its Form S-1 of 22 February 2024 states that in June 2023 moderators of certain communities inhibited normal operations, in many cases in violation of site-wide rules, and that this has not historically had a material impact.