Always very popular, the social network Onlyfans, recognized for its pornographic content, is for sale, announces Reuters. According to the information of the American news agency, its owner, Fenix International, is under discussion with a group of investors.
The amount of the transaction could be around $ 8 billion. One of the companies in the heart of the negotiations would be the Forest Route Company.
Porn, an investment inverter
If only has existed since 2016, it has really exploded during the Covid-19 pandemic. The principle of the platform is to allow the creators to offer mainly pornographic content, personalized or not, such as their mym competitor, while obtaining 20% of its users’ income.
In 2023, the social network had generated $ 6.6 billion in revenues, an increase of $ 375 million compared to 2020.
Several contestants are in any case in negotiation with Fenix International, reports Reuters. His only shareholder, the American-Ukrainian Radvinsky Leonid, is discreet but very powerful, in addition to being rich: in the last three years, he had paid at least one billion dollars in dividends.
The fact is that Onlyfans’s much -discussed profile makes the big banks and investors flee from the profits. First there is the global, porn, but especially multiple accusations in press surveys about abuse in certain creators and even content with minors.
In a survey published in Tech & Co, several creators had praised the merits of a platform where it is possible to avoid the toxic culture that is in the middle of pornography.
Source: BFM TV
