I’m not sure if this is new, but when I clicked on the /r/pics protest post link from the frontpage here, I was redirected to this: https://old.reddit.com/premium
I’m not sure if this is well-known or not that they’re pushing it now, but it’s the first time I’ve seen it, especially on old.reddit.
You will pay a subscription and have ads and your identity sold to the highest bidder.
YouTube has been shown recently to be sliding ads into premium user feeds so I can only expect the same, if not worse, especially from a company so blatantly caught lying.
In the case of Reddit, apparently yes. By which they also spit in the face of their most loyal (paying) customers.