/// Reddit’s Owner Says It Doesn’t Manage Reddit

October 13, 2012  |  All Things Digital

“Reddit was spun off a year ago, and it operates as an independent company. Conde Nast has no involvement in the management of Reddit.” – Advance.net chairman Steven Newhouse, in response to a query from AllThingsD regarding today’s Gawker story about Reddit and a user described as “The Biggest Troll on the Web.” Advance.net is the digital arm of Conde Nast parent Advance Publications; Advance remains Reddit’s majority shareholder , Newhouse confirmed.

Originally posted here:
Reddit’s Owner Says It Doesn’t Manage Reddit



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