Sydney Sweeney’s boyfriend, Scooter Braun, was reportedly in talks with OnlyFans. He even had everything planned out. However, it seems the former manager of Justin Bieber and Ariana Grande walked away from the lucrative deal at the last minute for unspecified reasons.
Sydney Sweeney’s boyfriend Scooter Braun was in talks to buy OnlyFans, per source
Sydney Sweeney’s boyfriend, Scooter Braun, was reportedly in talks to buy the porn-friendly video platform, OnlyFans. According to Puck, he was negotiating with C.E.O. Keily Blair and deals guru Jamie Sharp for the deal.
According to the report, he was eager to be “the face and brains” of the video platform. However, it seems things did not turn out as expected. The former manager of Justin Bieber walked out of the deal at the last minute.
According to a filing obtained by Reuters, the company, which is owned by Ukrainian American businessman Leonid Radvinsky and his Fenix International, generated $6.6 billion in revenue in 2023.
As per earlier reports, the L.A.-based investment firm Forest Road Co. was among the suitors for the company. Per press reports, it would have been valued at around $8 billion.
Braun was the frontrunner for the deal due to his industry connections, as per the outlet. The platform reportedly has Iggy Azalea, Cardi B., and Bella Thorne as its top creators. Striking a deal with the executive would mean bringing in high-profile stars, which would help ensure consistent financial success.
According to Complex, during a talk at Bloomberg Tech in London on October 21, CEO Blair shared details about the platform, stating that OnlyFans has paid out $25 billion to creators since its launch in 2016.
“There’s not very many tech companies that can talk about creating wealth for others rather than just profiteering, essentially,” she shared, as reported by Bloomberg.
Blair added that she is proud of the way OnlyFans makes a difference in others’ lives. “For us as a company, that makes us very proud. We talk to our content creators and we understand the difference that it’s made to their lives, the way that they can continue to challenge themselves or build their fanbase or try something new, be a bit disruptive,” said Blair.
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