SolelyFans proprietor paid £268m in dividends as income surge
SolelyFans has paid its proprietor $338m (£268m) in dividends as the location’s recognition surges.
Leonid Radvinsky, a Ukrainian-American entrepreneur who owns pornography web sites, is its solely shareholder.
Accounts launched by guardian firm Fenix International have revealed the grownup subscription platform has seen a surge in profitability.
The web site had virtually 3.2 million content material creators in 2022, up 47% when put next with the 12 months earlier than.
Meanwhile, the whole variety of followers on the platform is up 27% to 238.8 million.
The UK-based firm racked up a pre-tax revenue of $525m (£417m) – substantially more than the £374m achieved in 2021.
Sex employees can publish photos and movies to the platform, with customers paying a direct subscription price to entry it.
Fans paid a complete of $5.6bn (£4.4bn) to entry beginner pornographic content material on the platform in 2022, with creators retaining 80% of their earnings.
In its accounts, OnlyFans’ guardian firm mentioned its mission is to construct the most secure social media platform, whereas empowering content material creators.
And whereas finest recognized for X-rated materials, the enterprise mentioned that it’s now beginning to host safe-for-work movies about cooking, comedy, health and music.
The figures went on to disclose the enterprise paid over £87m (£69m) in company tax over the 12 months.
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Earlier this week, big billboards that includes an SolelyFans mannequin carrying a bra have been cleared by the UK’s promoting watchdog following a string of complaints.
The Advertising Standards Authority mentioned the posters have been “unlikely” to offend as a result of they weren’t “overtly sexual” and “did not objectify women”.
About 30 complaints have been obtained, amid issues that one of many billboards was simply 450m away from a college.
Rose Watson – the mannequin who seems within the advert – advised The Sun final month that she earns £200,000 a month by promoting specific pictures on SolelyFans.
Commenting on the response to the billboards, she mentioned: “If people are offended by my ad, I’m assuming they’re also complaining about Ann Summers and Jack Daniels ones.
“You see advertisements for playing, alcohol, intercourse toys, lingerie – there isn’t a distinction between that kind of adult-oriented advert and my adult-oriented advert.
“This is a real business, if a gambling or alcohol company can run their ads, which have far more devastating impacts, why not me?”