Combining social media glamor and the business of sex, OnlyFans casts itself as a new breed of adult website. Most big porn sites offer content for free and make money mainly from advertising. At OnlyFans, revenue is generated by its 3.2 million creators, most of them amateurs. They sell content to their subscribers, or “fans,” usually for a monthly fee of between $4.99 and $50. One-off sales of videos and images through the site’s direct-messaging function can be even more lucrative.
The terms are attractive for OnlyFans creators: They keep 80% of their fans’ payments. For OnlyFans, which takes the rest, it’s a goldmine. According to the most recent filing by its British parent company, Fenix International, OnlyFans’ pre-tax profit in 2022 reached $525 million – almost a hundred-fold increase in just three years. Revenue expanded at least twenty-fold to more than $1 billion.
OnlyFans doesn’t know how many of its creators are making “adult content,” the spokesperson has said. The platform says it also features sports, music and other non-explicit material.
https://www.reuters.com/investigates/special-report/onlyfans-sex-legal-cases/
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- the paragraphs quoted above are not as distressing or descriptive as other parts of what is quite a long article.
- So this may not be something that some will want to read.