Onlyfans is leaving pr0n and looking for DJs to switch from twitch?

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On todays show I discuss OnlyFans is reportedly looking to raise new funding in a deal that values the company at more than $1 billion — and says it wants to shed its reputation as a platform for p0rn.

The London-based company, which is currently mostly used by adult-movie stars to sling naughty pics and videos, wants the help of mainstream backers who can help it to appeal to a wide range of celebrities and athletes, Bloomberg reported Thursday.

Hosting more mainstream content on its platform could also help attract premium advertisers.

Unlike many hot tech companies from Uber to ClubHouse, OnlyFans is actually profitable, according to Bloomberg. It also raked in more than $400 million last year, taking a 20-percent fee as it handled more than $2 billion in sales last year after demand exploded during coronavirus lockdowns.

In total, OnlyFans has paid out more than $3 billion to its 1.25 million creators, according to Bloomberg.

links
https://nypost.com/2021/06/17/onlyfans-seeks-1b-valuation-as-it-aims-to-pivot-from-porn-report/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons

https://inews.co.uk/news/bella....-thorne-onlyfans-rul

https://blog.onlyfans.com/how-....djs-can-use-onlyfans

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