OnlyFans’ policy switch is the latest victory in Big Banking’s war on sex

OnlyFans, the platform that allows creators to sell material directly to customers, will soon implement new restrictions on the publication of adult content. Starting in October, the company will ban the sale of sexually explicit content and depictions of sexual acts. The move does not cover all nudity, but says that specific rules will be outlined in an as-yet unpublished acceptable use policy. In a statement, OnlyFans said that the changes were prompted by “requests” made by its “banking partners and payout providers.” In short, the company’s arm has been twisted by the same big banks that have waged war on online sex work for years.Big BusinessThe business can certainly attribute much of its success to enabling sex work and helping sex workers to get paid. Over the last two years, OnlyFans has grown from relative obscurity into a brand that is synonymous with adult content. Earlier this year, it boasted that its creators had earned more than $3 billion, and the platform was name-checked in a Beyoncé remix. It’s believed that the company, which had around 7 million users in 2019, has seen that figure reach closer to 130 million in recent months. And, on June 16th, Bloomberg reported that the site was looking to attract investors in order to raise more funding at a valuation of more than $1 billion.here's OF full statement. nice of them to throw the transparency report in there. here's that too: https://t.co/xfFrfmX4Wppic.twitter.com/8WqjSGjLUk— Samantha Cole... Continue reading at 'Engadget'

[ Engadget | 2021-08-20 17:40:41 UTC ]
News tagged with: #$3 million #$3 billion #$1 billion

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Bargain Prices & Amazon Promo Equal Big Sales

Between December 3 and December 14, Amazon ran its “12 Days, 12 Books” promotion, which saw limited supplies of 12 books reduced to bargain prices over 12 days. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-12-21 00:00:00 UTC ]
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The War Between Publishers and Libraries Over Ebooks: An Overview

At the heart of the debate between publishers and libraries over ebook pricing and lending is a simple question: do libraries increase book sales or cannibalize them? Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-12-18 00:00:00 UTC ]
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Big Green Bookshop teams with Angry Robot

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[ The Bookseller | 2012-12-13 00:00:00 UTC ]
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Rowling misses out on Bad Sex award

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[ The Bookseller | 2012-11-20 00:00:00 UTC ]
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Big Green Bookshop owners to open children’s bookshop

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[ The Bookseller | 2012-11-19 00:00:00 UTC ]
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Can Bricks-and-Mortar Bookstores Win a Price War with Amazon?

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[ Publishing Perspectives | 2012-11-09 00:00:00 UTC ]
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Sales of three million for latest Apple devices

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[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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[ Publishing Perspectives | 2012-10-24 00:00:00 UTC ]
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Australia to Play Big Role in News Corp.'s Publishing SpinOff

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[ Editor & Publisher | 2012-10-17 00:00:00 UTC ]
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Amazon.com tells customers: settlements a "big win"

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[ The Bookseller | 2012-10-15 00:00:00 UTC ]
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The Irrational Allure of the Next Big Thing

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[ Slate | 2012-10-12 00:00:00 UTC ]
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Pan Mac wins Total War series

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[ The Bookseller | 2012-10-08 00:00:00 UTC ]
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[ Publishers Weekly | 2012-10-05 00:00:00 UTC ]
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[ The Bookseller | 2012-09-28 00:00:00 UTC ]
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Can ebook sellers survive the tablet war?

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[ Stuff | 2012-09-19 00:00:00 UTC ]
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[ The Bookseller | 2012-09-19 00:00:00 UTC ]
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[ Betanews | 2012-09-06 00:00:00 UTC ]
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[ Engadget | 2012-09-04 00:00:00 UTC ]
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[ The Bookseller | 2012-08-20 00:00:00 UTC ]
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[ AdWeek | 2012-08-20 00:00:00 UTC ]
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