this post was submitted on 04 Jul 2023
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[–] magnetosphere@kbin.social 10 points 1 year ago

It’s explained in the article.

On Monday, r/pics(opens in a new tab) — a massive community with over 30 million members — officially marked itself NSFW (not safe for work), meaning Reddit is no longer able to show advertisements alongside posts appearing in the subreddit.

Basically, they’ve made it impossible to generate revenue from an extremely popular sub, while also potentially scaring advertisers away from reddit as a whole.