Adult videos and photos sharing site OnlyFans is getting out of the pornography business starting October 1st.
Starting in October, the company will prohibit creators from posting material with sexually explicit conduct on its website, which many sex workers use to sell fans explicit content. They’ll still be allowed to put up nude photos and videos, provided they’re consistent with OnlyFans’ policy, the company said Thursday.
The changes are needed because of mounting pressure from banking partners and payment providers, according to the company.
“In order to ensure the long-term sustainability of our platform, and continue to host an inclusive community of creators and fans, we must evolve our content guidelines,” OnlyFans said.
The company is run by its founder, Tim Stokely, and owned by Leonid Radvinsky, an internet entrepreneur.
OnlyFans claims more than 2 million creators — who it says have earned more than $5 billion on its platform — and 130 million users. Last year, the site generated $2 billion in sales (of which OnlyFans receives a 20 percent cut).
