Owner Of Porn Site OnlyFans In Talks To Sell For $8 Billion!
Get ready.
Via Variety:
OnlyFans owner Leonid Radvinsky has engaged in discussions to sell the massive porn-centric content creator site at a price tag that would value the company at around $8 billion, Variety has confirmed. Radvinsky is in talks to sell OnlyFans to an investor group led by Forest Road Co., an L.A.-based investment firm that has interests in the media and entertainment biz, at an $8 billion valuation.
The Variety article repeatedly refers to OF as “porn-centric” and “porn-friendly,” and describes it as having a “heavy reliance on pornography.” That’s like saying Pornhub sometimes dabbles in promoting adult content. OnlyFans is a hardcore pornography megasite, full stop, but I guess Variety wants to help OF’s owner keep the delusion alive that he’s running a mainstream entertainment company.
No word on when negotiations are expected to be finalized, but something like this could take up to a year or more. There’s also no word on whether or not the investment firm would ban all the porn in favor of “mainstream content” (i.e., pics of Iggy Azalea in a bra and panties), but if they care about money (and hello, this is all ghoulish billionaires care about), they’ll leave things exactly as they are.
