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 The move does not cover all nudity, but says that specific rules will be outlined in an as-yet unpublished acceptable use policy.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 ]
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Condé Nast's Latest Digital Move

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[ AdWeek | 2012-08-20 00:00:00 UTC ]
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'Big splash' needed for Nook, say publishers

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[ The Bookseller | 2012-08-20 00:00:00 UTC ]
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Big Hits Keep Selling Well

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[ Publishers Weekly | 2012-08-17 00:00:00 UTC ]
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Marketers get a refresher: Sex still sells

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[ Crains New York | 2012-08-16 00:00:00 UTC ]
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Big boost for sports books

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[ The Bookseller | 2012-08-10 00:00:00 UTC ]
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Report: consumers switch between print and ebooks

A new study by the Book Industry Study Group says readers are choosing both print and ebooks. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-08-02 00:00:00 UTC ]
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DC Comics delays latest issue of 'Batman Inc.'

Comic book contains material deemed insensitive in light of Colorado shootings'The latest issue of a Batman comic series due to hit stores this week will be postponed in light of the shooting rampage at a Batman movie in Aurora, Colo., DC Entertainment said on Tuesday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-07-25 00:00:00 UTC ]
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Self-publishing Goes Big Time

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[ Publishers Weekly | 2012-07-20 00:00:00 UTC ]
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'Fifty Shades' sex trilogy dominates bestsellers, report says

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[ Los Angeles Times | 2012-07-09 00:00:00 UTC ]
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Big Six-Month Bounce for Industry Stocks

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[ Publishers Weekly | 2012-07-06 00:00:00 UTC ]
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In E-Book War, the Independent Publishers Strike Back

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[ The Atlantic | 2012-07-03 00:00:00 UTC ]
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Travolta sued by sex book author

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[ Stuff | 2012-06-22 00:00:00 UTC ]
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Big players slip as emerging markets rise

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[ The Bookseller | 2012-06-22 00:00:00 UTC ]
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History Press to look at First World War in 'whole new light'

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[ The Bookseller | 2012-05-25 00:00:00 UTC ]
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Big Names Top The Charts

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[ Publishers Weekly | 2012-05-18 00:00:00 UTC ]
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Bright Lines, Big Uncertainty

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[ Publishers Weekly | 2012-05-18 00:00:00 UTC ]
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[ The Bookseller | 2012-05-14 00:00:00 UTC ]
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[ Publishers Weekly | 2012-05-11 00:00:00 UTC ]
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