PanamaTimes

Monday, Sep 16, 2024

Porn streamer OnlyFans paid owner $630mn in dividends

Subscription streaming company’s payouts to ‘creators’ rise to $6.6bn
OnlyFans, the UK company that provides a subscription streaming platform for sex workers, sports stars and celebrities, has paid more than $630mn to its owner, Ukrainian-American entrepreneur Leonid Radvinsky, since the start of last year.

The company said it had paid $6.6bn to the content creators who use its platform as a means of reaching their “fans” in 2023, an increase of about $1bn from the previous year.

OnlyFans, which takes a cut of a fifth from the payments made on its platform, has become an increasingly popular way for online “creators” to offer video content directly to consumers.

The number of creator accounts grew to 4.1mn while the total number of fan accounts grew to 305mn, both an increase of almost a third on 2022.
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