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OnlyFans owner in talks for potential £5.9bn sale

Fenix International is negotiating with a US consortium amid strong revenue growth.

May 23, 2025 at 01:37 PM

OnlyFans owner in talks to sell UK-based adult content platform for £5.9bn

OnlyFans owner considers selling the popular adult content platform amid strong growth.

OnlyFans explores sale to investors for £5.9bn

Fenix International, the owner of OnlyFans, is in discussions to sell the platform for $8bn (£5.9bn) to a consortium led by Forest Road Company, an American investment firm. OnlyFans, popular for its adult content, generated $1.3bn in revenue in 2023, signaling a robust growth trajectory. Key figures involved include Kevin Mayer, a former Disney executive, and Leonid Radvinsky, the owner and entrepreneur who has profited tremendously from the site since acquiring it in 2018. Despite claims of diverse content, OnlyFans remains closely associated with pornography and faces scrutiny over its age verification practices.

Key Takeaways

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Fenix International is negotiating a sale for $5.9bn due to strong revenue growth.

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OnlyFans posted $1.3bn in revenue in 2023, showcasing its market strength.

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The platform grapples with regulatory scrutiny over age verification methods.

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Investment interest reflects broader trends in adult content monetization.

"The company has cemented its place as a leading digital entertainment company."

Keily Blair highlights OnlyFans' status amidst ongoing negotiations.

"Fenix was well aware of its regulatory obligations and should have avoided its failings."

Ofcom's statement following the fine against Fenix for age verification issues.

The potential sale of OnlyFans highlights the increasing value of platforms that cater explicitly to adult content. With revenues climbing and a large user base, investors are eager to capitalize on its success. Yet, the sale comes at a time when the platform faces regulatory challenges regarding age verification, which could affect its value. Fenix's dealings with various suitors underscore the complexities and stakes involved in monetizing adult entertainment in today's digital landscape.