OnlyFans Seeks $1 Billion To Pivot From Porn

OnlyFans is reportedly going for a G-rating instead of XXX. OnlyFans says it wants to shed its reputation as a platform for porn in a deal that values the company at more than $1 billion. The London-based company, which is currently mostly used for adult entertainment, wants the help of mainstream backers who can help it to appeal to a wide range of celebrities and athletes—and so far, it has drawn celebrities including star boxer Floyd Mayweather, actress Bella Thorne and rappers Cardi B and Chris Brown.

It’s not clear why the company wants to get out of the smut business, but hosting more mainstream content on its platform could help attract premium advertisers. Despite the company’s impressive profits, OnlyFans may have trouble attracting investment from traditional venture capital investors. Venture capital firms often have agreements with investors that prevent them from investing in “vice” industries including porn, alcohol, firearms that they worry can harm their reputation.

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Check out more about OnlyFans seeking mainstream backers to pivot away from porn: https://nypost.com/2021/06/17/onlyfans-seeks-1b-valuation-as-it-aims-to-pivot-from-porn-report/

Half Of Adults In UK Watched Porn During Pandemic, Study Says

It seems adults in the UK found fun ways to occupy themselves during the pandemic. Half of the adult population in the UK watched online porn during the pandemic, according to a recent study by a media regulator. The study found that 26 million individuals viewed adult material in September 2020.

By far the most popular site was Pornhub, which was visited by 15 million people—50% of men, and 16% of women. The figures rose substantially among younger age groups, with a third of young women and three-quarters of young men visiting Pornhub. The study also quoted Pornhub’s own claims that the average UK visitor spent 10 minutes and 20 seconds on the site—those naughty Brits!

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Check out more about a study showing that half of adults in the UK watched porn during the pandemic: https://www.theguardian.com/media/2021/jun/09/half-british-adults-watched-porn-pandemic-ofcom

eBay Bans Adult Items

eBay recently announced a new policy restricting the sale of “Adult items” on its online marketplace. This policy, which was announced via email to sellers who have listed or are currently listing items that fall into the adult category, means a ban on most nudes, fetishwear, sexually explicit films, video games, and magazines, as well as hentai, some sex toys, and “other.” eBay explained the decision: “We want to make adult items available to those who wish to purchase them and can do so legally, while preventing those who do not wish to view or purchase these items from easily accessing them.”

Many are pointing out the vague, seemingly arbitrary rules—for example, adult magazines are banned except for Playboy, Playgirl, Penthouse, and Mayfair, for reasons the policy does not bother to explain. Nude art and photography is not entirely banned, but any listed nude art cannot “contain sexually suggestive poses or sexual acts.” There’s also a ban on “modeled clothing that is see-through or very tight and shows human genitalia, the anus, or the nipple/areola of female breasts.”

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Check out more about Ebay banning all adult items: https://mashable.com/article/ebay-adult-items-ban/