OnlyFans has scrapped plans to ban pornography from its service, less than a week after the subscription site announced the controversial change, according to Variety.
The company said in a statement that it “secured assurances necessary to support our diverse creator community,” indicating that they have a new financial arrangement to pay content creators, including those who share sexually explicit content.
“Thank you to everyone for making your voices heard. We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change,” the company said in a tweet.
“OnlyFans stands for inclusion and we will continue to provide a home for all creators.”
Thank you to everyone for making your voices heard.
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.
— OnlyFans (@OnlyFans) August 25, 2021
So why the swift change? Well according to Variety, OnlyFans may have been able to resolve its conflict with the bank, after some financial institutions refused to do business with them.
A spokesperson for the site told the publication, “The proposed Oct. 1, 2021 changes are no longer required due to banking partners’ assurances that OnlyFans can support all genres of creators.”
OnlyFans founder and CEO Tim Stokely blamed for the pornography ban on the banks in a recent interview with the Financial Times, saying that banks including JP Morgan Chase, Bank of New York Mellon and the U.K.’s Metro Bank had cut off OnlyFans’ ability to pay creators.
But going public with their issue and seeing the backlash from punters pushed the company to find a resolution.
The explicit content ban was met with widespread disdain, especially from the sex work community who have relied on the site to support themselves. Some creators had already abandoned their OnlyFans pages and moved to alternate platforms as a result.
OnlyFans was founded in 2016 and now has more than 130 million registered users and over 2 million creators.
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