OnlyFans Reports $390 Million in Yearly Revenue

The creator platform OnlyFans, the subscription platform popular with sex workers and celebrities, took in revenues of $390 million and pre-tax profits of nearly $74 million between November 2019 and 2020, according to a new report by the Financial Times. Top line The tight-lipped United Kingdom-based company has been a winner of the pandemic economy,…

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Will Brands Start Monetizing Their Social Media Content?

There’s a new face on subscription social platform OnlyFans: fashion designer Rebecca Minkoff and her eponymous accessible luxury brand. Minkoff debuted her OnlyFans account last Friday to coincide with New York Fashion Week (NYFW). Since then, she has streamed behind-the-scenes footage from her latest show. Until now, the four-year-old social platform has had a reputation…

Google reduces developer commission to 15% on their first million dollars

Last year, Apple reduced its App Store commission from 30% to 15% for developers who made yearly revenue of less than $1 million. Now, Google has followed its steps by introducing similar conditions for Android developers on Play Store. The Big G is offering discounts on the first million dollars a developer earns. That’s unlike Apple, which canceled the discount if your app earns more than $1 million in a year. That means you could earn $2 million, $5 million, or more, but Google will always apply a 15% commission on the first million. The company said that once a… This story continues at The Next WebOr just read more coverage about: Google

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