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Patreon Raises Fees for New Creators to Support Video Content
- Startup will keep 10% of creator earnings, up from 8%
- Patreon users watching 80 million hours of video content
Patreon, which has more than 100 million paid and free memberships, allows creators to charge for access to exclusive video content and podcast episodes.
Photographer: Tiffany Hagler-Geard/BloombergPatreon Inc. is increasing fees for new creators as the startup expands into video and rolls out other features.
Under the new structure, Patreon is collapsing two membership tiers into one plan that will take 10% of a creator’s earnings from their paid subscriptions, up from a previous rate of 8%, the company announced Monday.