Only fans Owner Leonid Radvinsky has been set to sell the spicy subscription based platform for no less than $ 8 billion.
According to Reuters And VarietyRadvinsky is in conversation to sell the porn-centric website to the Los Angeles-based investment company Forest Road Company.
The Forest Road Company already has a variety of investments in the entertainment industry.
“The conversations with the group guided by Forest Road are not exclusive and there is no timeline for when a deal can be completed,” Variety reports.
The Ukrainian-American businessman Radvinsky earned a fortune as the founder of the adult webcamming website MyFreecams, which was launched in 2004.
In 2018 he bought a 75 percent interest in the parent company Fenix International Ltd. From only fans of his British founders Tim Stokely and his father Guy Stokely.
The platform exploded during the COVID-19 Pandemie and in 2022 Radvinsky Forbes’ made list of Jewish billionaires.
Only fans owner Leonid Radvinsky has been set to sell the spicy subscription-based platform for no less than $ 8 billion
Although only fans houses all kinds of makers, it is largely known for its pornographic content.
A few years ago, the PG-Rated Content site began to push their safe streaming platform for work, OFTV.
Only fans has made extra effort to promote everything, from cooking videos to comedy specials from celebrities and reality shows on OFTV, after growing criticism and a ‘porn’ -stigma around the platform.
All content on OFTV comes from only fans makers, but unlike the actual ONLYFANS platform, no nudity or pornography is permitted.
OFTV has transferred a number of makers of celebrities to do less risky content, in particular the American comedian and Podcaster Whitney Cummings.
Cummings arrived at the site in 2022, so that she could post some of her edgier jokes behind a Paywall without ‘being removed from the context’ on more regular social media apps.
‘I know people like to fool [OnlyFans] Because there are naked ladies. I have just decided, if the audience goes here, as a comedian there is something that is worth seeing here, “she told Variety last year.
The Ukrainian-American businessman Radvinsky earned a fortune as the founder of the adult Camming site MyFreecams, which was launched in 2004 before they only bought fans in 2018
She added: ‘I would not have the self -respect to accuse people to see my naked body. Instead of dirty photos, you will see dirty jokes. ‘
Other regular names on OFTV Includes fashion designer Elena VelezComedian Brittany Schmitt, and reality star Heidi Montag, who have released a video clip on the platform.
Last year, the CEO of Onlyfans revealed that the company has paid $ 20 billion to its makers since its foundation in 2016.
CEO Keily Blair spoke Screentime Conference in Los Angeles on the Bloomberg conference when she revealed the incredible figure.
‘Porn is free on the internet. I think the reason why people only pay for fans is because they want to deal with those specific makers, “said Blair.
“It is because of the possibility to adjust and to request a specific content.”
She continued: ‘Everyone assumes that it is sexy content. Part of the sexy content and we are very happy with that, we are an inclusive platform, and so we are for a reason.
‘We think it is very important for content makers of adult content to have a safe space, to be able to earn money and also to be able to do so in addition to other makers of content.
“We are all adults, we are all mature, we can all choose the content we subscribe to.”
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