OnlyFans to Block Sexually Explicit Videos Starting in October
Bloomberg
Subscribe
Photographer: Gabby Jones/Bloomberg
Technology
OnlyFans to Block Sexually Explicit Videos Starting in October
By Lucas Shaw
August 19, 2021, 12:44 PM CDT
OnlyFans is getting out of the pornography business.
The company will prohibit users from posting any sexually explicit conduct, starting in October. Creators will still be allowed to post nude photos and videos, provided they’re consistent with OnlyFans’ policy, the company said Thursday.
The changes are needed because of mounting pressure from banking partners and payment providers, according to the company.
“In order to ensure the long-term sustainability of our platform, and the continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said.
But sex work still has a stigma. And OnlyFans is trying to raise money from outside investors at a valuation of more than $1 billion. The company handled more than $2 billion in sales last year, and is on pace to more than double that this year. It keeps 20% of that figure.