Reddit (RDDT) May Walk Away From Google’s (GOOGL) $60 Million-a-Year Deal as AI Search Eats Its Traffic
Reported by Yahoo Finance · finance.yahoo.com · July 30, 2026
Reddit, Inc. (NYSE:RDDT) may be willing to walk away from roughly $60 million a year to stop Google from turning its discussions into answers that users never leave Google to read. The companies are negotiating a renewal of their 2024 data-licensing agreement, and Reddit has discussed ending Google’s access to its content for AI use, […]
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What to watch: This report cites a concrete figure ($60 million) — compare it against the trailing trend before treating one data point as a turning point.
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