Only fans are on sale. . The current owner of adult entertainment platform Fenix International Ltd is negotiating to sell it to the investor group at a valuation of about $8 billion. The group is led by an entity called Forest Road Company, a Los Angeles-based investment company.
The platform is only in 2023, so the idea of spending $8 billion doesn't seem far-fetched. Only fans became a global phenomenon during the 19th pandemic and required 20% of all creators' income.
Investor interest has been peaking over the past few months as impressive revenue statements become public. It has managed to do it, and it's a company that has experienced many times.
Sources said an agreement could be reached within the next week or two. However, Fenix International Ltd also held talks with other potential buyers. IPO was also considered, which is an idea.
However, buying outright is more likely than a public offering. This is due to all this pornography. The company tried to address the issue by announcing a 2021 ban on sexually explicit content, but reversed the course. After all, the only fans are primarily used for sexually explicit content.
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