A Los Angeles investment firm is in discussions to buy out OnlyFans Ltd. in a deal that values the site at $8 billion, Reuters reported.

OnlyFans, which soared in popularity during global Covid lockdowns, has been in talks since at least March with Forest Road Company about a transaction with unknown terms, Reuters said, citing anonymous sources. The company may be engaging with other suitors as well, the news service reported.

This post was originally published on this site be sure to check out more of their content.