OnlyFans to ban adult material after pressure from payment processors

Started by garbon, August 19, 2021, 03:43:37 PM

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garbon

https://www.theguardian.com/uk-news/2021/aug/19/onlyfans-to-ban-adult-material-after-pressure-from-payment-processors

QuoteOnlyFans, 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 is 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.
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HVC

So they're defunct. Wonder what platform will take their place.
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grumbler

Quote from: garbon on August 19, 2021, 03:43:37 PM

QuoteOnlyFans, the subscriber-only website synonymous with pornography...

I thought that PornHub was the website synonymous with pornography.   Shows you how behind the times I am regarding porn; I've never even heard of OnlyFans.

Quote... about 16,000 creators earn at least $50,000 (£36,000) annually from the site.

The loss of that will be a significant hit to the UK's GDP, already reeling from Brexit-related issues.  The UK government should protect its industries better, even if it's the porn industry.
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Sheilbh

I'm always surprised when businesses decide they don't want to make money any more. It's a bit like when Tumblr banned sexual content and "female presenting nipples". I also don't understand why banks care about this - I mean they must have lots of unsavoury business customers. Seems weird to care too much about porn.
Let's bomb Russia!

Admiral Yi

Quote from: Sheilbh on August 19, 2021, 05:32:48 PM
I'm always surprised when businesses decide they don't want to make money any more. It's a bit like when Tumblr banned sexual content and "female presenting nipples". I also don't understand why banks care about this - I mean they must have lots of unsavoury business customers. Seems weird to care too much about porn.

They're all terrified of child pornography.

The Brain

Women want me. Men want to be with me.

viper37

Quote from: grumbler on August 19, 2021, 05:28:15 PM
Quote from: garbon on August 19, 2021, 03:43:37 PM

QuoteOnlyFans, the subscriber-only website synonymous with pornography...

I thought that PornHub was the website synonymous with pornography.   Shows you how behind the times I am regarding porn; I've never even heard of OnlyFans.

Meh, both are.  Pornhub is like Youtube: you create an account and you upload whatever you want, within the guidelines of the site.  On Onlyfans, unless I'm mistaken, it has to be "you", the owner of the account.

The comparison to Patreon for artists is quite apt.  A musician would post his own songs on Patreon, while I could technically post any kind of video on Youtube (within their guidelines) without necessarily being the owner of the content.

And I always thought Onlyfans was exclusively for porn/nudity/sexy material.  Whenever I've heard of it, it was within this context.  I guess I'm old too, for different reasons. :P


Quote... about 16,000 creators earn at least $50,000 (£36,000) annually from the site.

The loss of that will be a significant hit to the UK's GDP, already reeling from Brexit-related issues.  The UK government should protect its industries better, even if it's the porn industry.
[/quote]

Hmm, I think they're not all in the UK though. :P
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Sheilbh

Quote from: Admiral Yi on August 19, 2021, 05:34:23 PM
They're all terrified of child pornography.
True - but I think OnlyFans has far more control over that because of what viper said.

But you're right. I think child safety is such a huge risk/fear that companies will do what they wouldn't for almost anything else, it's why Apple have started looking at photos on iPhones and all the social media companies have changed their rules to comply with a new UK regulation which is pretty astonishing for a medium size European market - but it's about children.

And in fairness as much as I'm dubious about the privacy impact of what Apple are doing or the benefit of the UK regulation, it is a huge, real problem. Facebook alone identifies 17 million uploads every month from a database 700,000 known images of child abuse.
Let's bomb Russia!

Valmy

Ok why the hell would we use onlyfans for not porn? We already have patreon.
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viper37

Quote from: Sheilbh on August 19, 2021, 05:32:48 PM
I'm always surprised when businesses decide they don't want to make money any more. It's a bit like when Tumblr banned sexual content and "female presenting nipples". I also don't understand why banks care about this - I mean they must have lots of unsavoury business customers. Seems weird to care too much about porn.

I thought Pornhub had credit card payment, but I just checked, and it's crypto currency only now.

I guess it makes sense, then, that cc companies would pressure Onlyfans to remove all porn content.
I don't do meditation.  I drink alcohol to relax, like normal people.

If Microsoft Excel decided to stop working overnight, the world would practically end.

DGuller

Quote from: The Brain on August 19, 2021, 05:36:36 PM
Do any banks handle Catholic church money?
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