News for hackers. Stuff that matters.

A comment on Reddit downgrades technology community after censorship. Parent comment

Re:Reddit downgrades technology community after censorship by ToastyMallows on Monday April 21, 2014 @10:28AM (#7621185)
Reddit isn't owned by Conde Nast[0].

[0]: http://www.redditblog.com/2013/08/reddit-myth-busters_6.html (See myth 4)

[ Parent | on HN ]
Re:Reddit downgrades technology community after censorship by sillysaurus3 on Monday April 21, 2014 @11:24AM (#7621495)
The best characterization might be to say that reddit is a “part-sibling-once-removed” of Condé Nast.

What does this even mean? Someone ultimately has power over Reddit, and it can't be Reddit itself since they sold. So who is it? The blog doesn't answer that.

[ Parent | on HN ]
Re:Reddit downgrades technology community after censorship by ToastyMallows on Monday April 21, 2014 @11:30AM (#7621533)
> Then in 2012, reddit was spun out into a re-incorporated independent entity with its own board and control of its own finances, hiring a new CEO and bringing back co-founder Alexis Ohanian to serve on the board.

Right now, Advance Publications[0], which owns Condé Nast, is the largest shareholder of an independent Reddit.

[0]: https://en.wikipedia.org/wiki/Advance_Publications

[ Parent | on HN ]