So it looks like reddit is now independent, sort of. They are now owned by Advance Publications which is the parent company of Condé Nast. According to reddit, this move will allow them to handle some of the growing pains the site has been having recently. Reddit does about 700k pageviews every 15 min. This will give reddit even more freedom than it had while under Condé Nast.

So it looks like reddit is now independent, sort of. They are now owned by Advance Publications which is the parent company of Condé Nast. According to reddit, this move will allow them to handle some of the growing pains the site has been having recently. Reddit does about 700k pageviews every 15 min. This will give reddit even more freedom than it had while under Condé Nast.

High-res 9/6/11 — 5:03pm Short URL: http://tmblr.co/Zqzxay9DQ_1z Filed under: #reddit  #Condé Nast