Reported about 15 hours ago
Fenix International Ltd, the owner of OnlyFans, is reportedly in talks to sell the adult content platform to an investor group valued at approximately $8 billion, led by California's Forest Road Company. The investor interest follows OnlyFans' significant revenue growth, reaching $6.6 billion last year, up from $375 million in 2020. While discussions have been ongoing since March, there is no guarantee of a deal, and the company is also considering a potential IPO. The current sole shareholder, Leonid Radvinsky, has profited substantially since acquiring OnlyFans in 2018.
Source: YAHOO