OnlyFans Eyes $8 Billion Valuation With Strategic Sale Talks
Deal News | May 23, 2025 | EIN
OnlyFans, a UK-based content platform with strong adult content associations, is in talks to be sold for $8 billion, involving Forest Road Company, Disney, and Kevin Mayer. Alongside this, Paramount Group is considering a sale amidst internal financial discrepancies and executive departures. In the telecom sector, AT&T seeks to acquire Lumen Technologies' fiber business for $5.75 billion, while Verizon finalizes a $20 billion acquisition of Frontier Communications. Telefonica continues its strategy of divesting Latin American assets, selling its Uruguayan unit to Millicom for $440 million. Semiconductor supplier Wolfspeed is heading towards bankruptcy due to market challenges, while global telecom M&A activity shows shifts towards divestments.
Sectors
- Telecommunications
- Technology
- Real Estate
- Semiconductors
Geography
- United States – The U.S. is central to multiple stories, with significant transactions involving AT&T, Verizon, and Paramount Group, among others.
- United Kingdom – OnlyFans, a UK-based company, is a key focus of the article as it enters potential sale discussions.
- Spain – Telefonica, a Spanish telecom company, continues to divest its Latin American units, reflecting strategic changes originating from Spain.
- Uruguay – Telefonica has sold its Uruguayan unit to Millicom, highlighting activity in the South American market.
Industry
- Telecommunications – The article discusses major mergers and acquisitions within the telecom industry, highlighting transactions by major companies like AT&T, Verizon, and Telefonica.
- Technology – OnlyFans, a technology platform focusing on content creators, is central to the article, and its valuation and sale are critical developments in the tech sector.
- Real Estate – Paramount Group's exploration of a sale highlights shifts within the commercial real estate sector.
- Semiconductors – The potential bankruptcy of Wolfspeed highlights challenges in the semiconductor industry facing market demand fluctuations.
Financials
- $8 billion – Proposed sale value for OnlyFans.
- $5.75 billion – AT&T's proposed acquisition cost for Lumen Technologies' consumer fiber business.
- $20 billion – Value of Verizon's acquisition of Frontier Communications.
- $440 million – Price Millicom is paying to acquire Telefonica's Uruguayan unit.
- $4.25 billion – Amount Crown Castle received for the sale of its U.S. fiber and small cells businesses.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| OnlyFans | Target Company | Company | A UK-based NSFW content platform with over 4 million content creators. |
| Forest Road Company | Bidding Company | Company | A U.S. investment firm leading a consortium exploring the purchase of OnlyFans. |
| Kevin Mayer | Consortium Member | Person | Former senior executive at Disney and TikTok, part of the consortium interested in OnlyFans. |
| Paramount Group, Inc. | Potential Selling Company | Company | An office space landlord considering sale amid financial and executive changes. |
| AT&T | Bidding Company | Company | A major U.S. telecom company targeting Lumen Technologies' consumer fiber business. |
| Verizon | Bidding Company | Company | An American telecom giant completing a $20 billion acquisition of Frontier Communications. |
| Telefonica | Selling Company | Company | A Spanish telecom company divesting its Uruguayan unit as part of a broader strategy. |
| Millicom International | Bidding Company | Company | A Luxembourg-based company acquiring 100% of Telefonica's Uruguayan unit. |
| Wolfspeed | Company | Company | A semiconductor supplier nearing Chapter 11 bankruptcy. |
| Bank of America Securities | Corporate Finance Advisor | Company | Engaged to handle the potential sale process for Paramount Group. |
| Latham & Watkins | Legal Advisor | Company | Legal firm involved in the possible sale of Paramount Group. |