Leonid Radvinsky received a $701 million dividend from OnlyFans in 2024, adding to more than $1 billion he had previously received. The platform reported $1.4 billion in revenue for the year.
OnlyFans said creator accounts grew 13% to 4.6 million active creators, while fan accounts increased 24% to 377.5 million worldwide. The company described the fan total as a record high for paying subscribers.
The simultaneous growth in creators and fans supports OnlyFans’ position in the subscription-content market by expanding direct monetization opportunities for creators and exclusive offerings for subscribers.
OnlyFans is in acquisition talks with a consortium led by the Forest Road Company that values the business at about $8 billion. The potential deal would bring new capital and strategic resources for technology and marketing.
Originally known for adult content, OnlyFans has diversified its creator base to include fitness coaches, influencers and other content producers, broadening revenue streams and user engagement.
Company leadership credits strategic management for scaling the platform globally. The recent financial results and user growth underscore the role of subscription-based models in online content monetization and reinforce investor interest in OnlyFans’ future expansion.
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