Article 6ZG25 OnlyFans owner paid $701m in dividends as platform readies for potential sale

OnlyFans owner paid $701m in dividends as platform readies for potential sale

by
Lauren Almeida
from US news | The Guardian on (#6ZG25)

Streaming platform known for subscription-based adult content reports $1.4bn revenue and rising usage

The owner of OnlyFans was paid a record $701m (523m) in dividends last year as the subscription service best known for offering adult content positions itself for a potential multibillion-dollar sale.

The payment to Leonid Radvinsky, the Ukrainian-American entrepreneur behind the streaming platform, adds to the more than $1bn in dividends he has already received from the business as he profits from connecting porn stars and celebrities more directly with their audiences.

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