OnlyFans Says It Paid $20 Billion to Content Creators Since 2016 - Video

#OnlyFans Ltd, the video streaming service used by sex workers, has paid $20 billion to its more than 4 million content creators since its founding in 2016.

The UK-based company doesn’t accept advertising or track its customers, Chief Executive Officer Keily Blair said Thursday at Bloomberg’s Screentime conference in Los Angeles. Instead it relies on subscriptions, pay-per-view events or tips for its talent. Blair said the platform allows its more than 400 million customers to pick and choose what they want to view. She noted that more than half of the company’s revenue comes from micro-transactions versus subscriptions.

Read more: https://www.bloomberg.com/news/articles/2024-10-10/onlyfans-says-it-paid-20-billion-to-content-creators-since-2016?sref=omvmmwIg

--------
Subscribe to our YouTube channel: https://trib.al/KM4k5RA
Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8

Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

Connect with us on…
YouTube: https://www.youtube.com/user/Bloomberg
Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow