OnlyFans Is Reportedly in Talks to Sell Off Its Porn Empire

OnlyFans, the internet’s kingdom of smut, may be changing hands soon. Reuters reports that the porn platform’s parent company, Fenix International, Ltd., is in talks to sell the business for some $8 billion to a U.S. investor group. The New York Post previously reported that Leonid Radvinsky, the billionaire owner of the site, was looking to “cash out,” but had not yet found a buyer. Reuters now identifies at least one potential buyer as the Forest Road Company, an investment firm based in Los Angeles that is reportedly leading an investor group that wants to buy the porn platform. On its website, Forest Road describes itself as “not your average investment firm” and says it embraces “complexity and creativity to extract value where others see limitations.” The site also expresses an interest in “media & entertainment” and “digital assets.” Not much else is known about the talks. Citing sources familiar with the potential deal, Reuters writes that Fenix is also talking to other inter ... Read full article.