News

OnlyFans: When sex doesn’t sell

OnlyFans is turning off sex. On Thursday, the London-based subscription-content site confirmed a Bloomberg report that it will no longer allow sexually explicit material. Beginning Oct. 1, users will only be allowed to post nude content consistent with the website’s acceptable-use policy. The changes are necessary “to comply with the requests of our banking partners and payout providers,” the company said. Though OnlyFans boasts over 120 million users across the globe, investors have been reluctant to jump in due to much of the content on the site. Here are the key takeaways:

    Enter your email to read this article for free

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.
    Already a subscriber?

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.

    Briefing

    GM, Posco get millions in government funding for EV battery-materials facility in Bécancour

    Canadians’ spending falling in major cities like Toronto, Vancouver, Calgary

    Clear Finance said to be biggest SVB Canada debtor as loan book deadline looms

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited