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OnlyFans creators made nearly $4bn last year

Content creators on subscription platform OnlyFans made nearly $4 billion (£3.47 billion) in 2021, the company has announced.

The platform, known for hosting adult content, reported pre-tax profit of $433 million last year, up from $61 million in 2020.

It comes after OnlyFans saw a surge in user numbers during the pandemic.

However, it has been criticized for not doing enough to prevent minors from selling explicit content.

The company said it is continually improving its approach to security and content moderation.

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Founded in 2016, OnlyFans has 220 million users and more than two million creators worldwide.

In 2021, the number of fans using the platform increased by 128% and the number of developers by 34% compared to the previous year.

Overall, Creators’ earnings were more than twice as high as in the previous year.

OnlyFans earns a 20% commission on all payments to content creators.

CEO Amrapali Gan said, “We give creators the power to monetize their content and have real control over it.”

“We will continue to invest in the creator economy by improving security and developing original OFTV [the firm’s free streaming platform] content and continue to grow our community of developers and fans,” she added.

The site offers musicians, fitness trainers and celebrities a platform to pay their followers for exclusive tips and visual content.

But it’s best known for allowing content creators, including pornstars and sex workers, to charge for sexually explicit photos and videos.

Last year, after pressure from banking partners, the company announced that it would ban all sexually explicit content from the platform.

But after a backlash from its users, OnlyFans suspended the policy change a week later.

In 2021, a BBC News investigation revealed that children had used fake IDs to set up accounts on the site.

Following the report, the Children’s Commissioner for England said OnlyFans must do more to stop underage users.

In response to the investigation, OnlyFans said it had closed the accounts and flagged and refunded all active subscriptions.

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