Reddit to Undisclosed licensees: AGGREGATE: all data licensing arrangements Reddit entered in January 2024 (buyers not named in the prospectus); overlaps with the Google record.
$203.0 million aggregate contract value, terms of two to three years; at least $66.4 million to be recognized in 2024
Dated Jan 2024Source checked 21 Mar 2024Quote found on its page again 17 Oct 2026Basis: stated
In the source's own words
“In January 2024, we entered into certain data licensing arrangements with an aggregate contract value of $203.0 million and terms ranging from two to three years. We expect a minimum of $66.4 million of revenue to be recognized during the year ending December 31, 2024 and the remaining thereafter.”
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- 6The most disclosed deals with a dollar amount in any half-year
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