Licensing2024-02-22confirmed
Google × Reddit
An annual licence worth about $60M, signed in early 2024, just before Reddit's IPO.
Price paid
$60M
per year
Losing bid
—
Per unit
—
no meaningful ratio
The asset
Access to the Reddit Data API: structured, real-time community content, for training Gemini models and surfacing content across Google products. An annual licence, not a transfer of ownership.
The record
- Seller status
- Going concern
- Sector
- other
- Modalities
- Text
- Jurisdiction
- United States
What it means if you hold data
Shows the RECURRING LICENCE shape against the OUTRIGHT SALE shape: the holder keeps its asset and rents it. That is the model that fits a holder still running its business — so almost every company in our catalogue.