OnlyFans, a content subscription platform prominent in the adult entertainment sector, is reportedly in acquisition talks led by a US investor group for up to $8 billion. This sale could represent a major exit for Leonid Radvinsky, its majority owner since 2018. The platform, founded in 2016, allows creators to monetize their audiences and has surged in popularity, with 4 million content creators and 300 million subscribers globally. OnlyFans processed $6.6 billion in payments last year and reported $1.3 billion in revenue, emphasizing its financial success despite past valuation estimates being significantly lower.
OnlyFans is a revolutionary platform which continues to lead the creator economy, and it's natural that we are open to discussions about our growth.
Radvinsky has reportedly claimed over $1 billion in dividends from the company, reflecting its lucrative status since his acquisition in 2018.
A US investor group is in talks to acquire OnlyFans for up to $8 billion, signaling significant interest in the platform's future.
OnlyFans now has over 4 million creators and processes around $6.6 billion in payments annually, demonstrating its massive scale and financial success.
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