Ami Gan on creator economy
From Ami Gan, Stephanie Mehta, and Rafat Ali on the business of media | The Juggernaut Summit 2024 · · The Juggernaut
“That dynamic shows the power of creators and their communities and audiences, and explains why some paid-content models work while much other content remains free.”
On , Ami Gan, CEO at OnlyFans, spoke about creator economy during Ami Gan, Stephanie Mehta, and Rafat Ali on the business of media | The Juggernaut Summit 2024 on The Juggernaut.
About Ami Gan
Ami Gan, CEO of OnlyFans, has stated that the company is a privately held business and is not looking to go public or pursue an IPO. She has emphasized that OnlyFans is a subscription-based social media platform for those 18 and over, where creators can monetize content they would otherwise share for free. Gan has noted that the platform has paid out over $10 billion to creators since its founding in 2016, with creators earning 80% of all earnings. She has also said that the company does not sell third-party ads or monetize user data, and that it has no plans to introduce AI-generated characters, focusing instead on human-led content. Gan has addressed the company's content moderation and safety practices, stating that all content on the platform is reviewed by human moderators and that the company rejects up to 60% of creator applications each month due to insufficient information. She has described OnlyFans as a "creator-first" business and has said that the company is committed to keeping adult content on the platform, following a 2021 decision to reverse a proposed ban on sexually explicit content after creator backlash. Gan has also discussed the company's growth, noting that OnlyFans is in over 100 countries and was named by the Financial Times as one of the four fastest-growing companies in Europe.