Caymans Post

A world within. A state apart.
Friday, Mar 29, 2024

OnlyFans to ban adult material after pressure from payment processors

OnlyFans to ban adult material after pressure from payment processors

Subscriber-only website synonymous with pornography will now focus on more mainstream content
OnlyFans, the subscriber-only website synonymous with pornography, has announced it will ban adult material from the site after pressure from its payment processors.

The company will continue to allow some posts containing nudity but “any content containing sexually-explicit conduct” will be banned, with the site instead focusing on more mainstream content.

The London-headquartered outlet has exploded in popularity during lockdown, bringing in billions of pounds of revenue as more than 130 million users signed up to subscribe to content or pay to chat with “creators”. Although OnlyFans insists it has a wide range of people creating material for the site, ranging from chefs to yoga instructors, by far the most popular content on the site is pornography.

OnlyFans said the ban, which will come into effect in October, followed pressure from banks and payment processors who raised concerns about the material it hosts. Rather than lose its ability to take payments, which would effectively kill the business altogether, OnlyFans has instead chosen to ban the adult material that made its name.

“In order to ensure the long-term sustainability of the platform, and to continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” said a spokesperson for the site.

Payment processing companies increasingly control what material pornography sites are able to host. Last December, Visa and Mastercard briefly banned payments to websites owned by online pornography giant MindGeek, following reports it was hosting “revenge porn” uploaded without the consent of those involved. The financial businesses only backtracked when MindGeek deleted tens of millions of unverified videos from its sites such as PornHub.

OnlyFans has enabled tens of thousands of sex workers to earn substantial incomes in return for handing over 20% of their earnings to the company, with many creators saying it has given them financial freedom. Internal figures obtained by Axios suggest about 16,000 creators earn at least $50,000 (£36,000) annually from the site.

However, it has also faced growing political and regulatory scrutiny over its ability to remove illegal and exploitative material. Earlier this month more than a hundred US congressmen and women demanded a department of justice investigation into OnlyFans, relating to the alleged presence of underage material on the site.

Such issues have scared off potential investors in the company and driven it towards seeking a more mainstream business model similar to other crowdfunding sites such as Patreon, while removing the sex workers who built its audience.

An OnlyFans spokesperson said: “We will be sharing more details in the coming days, and we will actively support and guide our creators through this change in content guidelines.

“OnlyFans remains committed to the highest levels of safety and content moderation of any social platform. All creators are verified prior to being able to upload any content to OnlyFans, and all uploaded content is checked by automated systems and human moderators.”

Even as the audience for online pornography continues to grow, mainstream internet companies have increasingly distanced themselves from adult material. In 2018 it was banned by Tumblr, while Facebook and Instagram also have bans on explicit content. Twitter is now one of the few leading social media platforms that continues to allow pornography.

The company was founded in 2016 by the Essex-based Stokely family who continue to be the public faces of the business and continue to extract substantial sums from the company. However, corporate filings show that it is now entirely owned by US-based online pornography veteran Leonid Radvinsky, who keeps a low profile.
Newsletter

Related Articles

Caymans Post
0:00
0:00
Close
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×