It makes sense for Youtube to take a big share of the money given that they have to host and stream the videos but how can OnlyFans justify to get an even bigger share? Aren't they effectively Patreon for (mostly) porn? If there's so much money to make in this sector why isn't there more competition?
Re:Moving from YouTube to PeerTube
by renewiltord on Thursday August 20, 2020 @05:21PM
(#24229142)
Their USP may be that they navigate the problem of payment providers etc. Getting money for porn and weed is notoriously hard because very few of the intermediary participants are willing to play along if that's the use case.
For instance, see Paypal https://www.paypal.com/us/webapps/mpp/ua/acceptableuse-full
> You may not use the PayPal service for activities that:
> ...relate to transactions involving...
> ...certain sexually oriented materials or services...
Because good platforms that allow adult content are in very short supply, so they can charge a premium. To a certain extent, they MUST charge a premium because being in the adult industry makes everyone else charge YOU more also. None of the normal payment processors or advertisers will touch you, etc.
Youtube also has a subscription similar to Patreon, available only to larger creators and they take 30% off that, according to [2]. While this seems high compared to Patreon it's actually lower than Twitch that takes 50% off subscriptions.
Twitch also offer a bit system that is like a tip, and has a lower percentage.
Another datapoint is OnlyFans, used mostly for porn and takes 60%.
IMO the platforms are very distinct and their offers are fairly different. It's not a fair comparison.
[1] https://digiday.com/future-of-tv/youtube-premium-remains-sma....
[2] https://www.polygon.com/2018/6/21/17484006/channel-subscript....