3 ms·

Since when is Reddit not a subsidiary of Advance Publications?

• bduerst 12y ago
  Since last year. They were spun off as an independent company, but Advance Publications still has a large amount of equity in Reddit. I think it's because Reddit wanted to try a bunch of things that were too risky for AP.
  • nols 12y ago
    Do you have an article or their announcement? I can't find anything and I'm interested in Reddit's business structure.
    • bduerst 12y ago
      Not on hand, but they're privately traded, so there isn't going to be much information on the equity breakdown or other business structure details.
    • fragmede 12y ago
      http://www.redditblog.com/2011/09/independence.html http://www.redditblog.com/2011/09/independence.html
      • nols 12y ago
        I know they spun off Condé Nast, but according to that they're still owned by Advance Publications. I'm looking for info about them being completely separate.