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(Bloomberg) — Social-media subscription service OnlyFans Ltd. reversed a decision to ban sexually explicit material, changing course after an uproar from creators and sex workers who had come to rely on the platform as a source of income.
Just last week the site said it would ban explicit content as of Oct. 1, shifting instead to a model that has increasingly relied on helping celebrities connect to their fan bases. That decision was forced in part because of pressure from “banking and payment services,” the London-based company had said.
In a tweet on Wednesday, OnlyFans said it’s “secured assurances necessary” to support its content creators and won’t go through with the previously announced policy change. “OnlyFans stands for inclusion and we will continue to provide a home for all creators,” the company said.
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Thank you to everyone for making your voices heard.
— OnlyFans (@OnlyFans) August 25, 2021
We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change.
OnlyFans stands for inclusion and we will continue to provide a home for all creators.
The reversal comes one day after OnlyFans founder Tim Stokely pinned the initial decision on opposition it faced from banking service providers. Bank of New York Mellon Corp. “flagged and rejected” wire payments tied to the company, “making it difficult to pay our creators,” Stokely said in an interview with the Financial...
Read Full Story: https://nationalpost.com/news/social-media-site-onlyfans-reverses-plan-to-ban-sexually-explicit-content
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