OnlyFans Considers IPO as $8 Billion Sale Negotiations Continue

May 23, 2025 Tanya Pandey Business, Social Media 0

London-Based OnlyFans Explores Strategic Expansion Beyond Adult Content

On May 23, 2025, reports surfaced that OnlyFans, the London-based content subscription platform, is in discussions for a potential $8 billion sale to Forest Road Company, a Los Angeles-based investment firm specializing in media, digital assets, and life sciences.

The deal, which has been under negotiation since March 2025, could mark a major shift for the platform as it continues its efforts to diversify beyond adult content.

OnlyFans Eyes Strategic Expansion Amid $8 Billion Acquisition Talks

OnlyFans, originally known for hosting explicit content, has been actively working to broaden its creator base by attracting comedians, chefs, fitness trainers, and lifestyle influencers. The company, owned by Ukrainian-American billionaire Leonid Radvinsky, has seen rapid financial growth, reporting a net profit of $485.5 million for the fiscal year ending November 30, 2023.

Industry experts suggest that the Forest Road Company’s interest in acquiring OnlyFans aligns with its expansion into digital media and life sciences, following its recent acquisition of a Formula E racing team and a boutique investment bank, according to TradingView.

Forest Road Company’s $8 Billion Bid Could Reshape OnlyFans’ Future

While the sale negotiations are ongoing, sources indicate that OnlyFans may also be considering an initial public offering (IPO) as an alternative strategy. The platform’s shift toward mainstream content could make it more appealing to traditional investors, who have previously hesitated due to its association with adult entertainment.

A spokesperson familiar with the discussions stated, “OnlyFans has been exploring ways to evolve beyond its current model, and this potential acquisition could accelerate that transformation.”