a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
KapteinB  ·  1910 days ago  ·  link  ·    ·  parent  ·  post: No one makes a living on Patreon

    For years, creators received 90 percent of their monthly earnings: 5 percent went back to Patreon, the middle man, and the remaining 5 percent went to fees and taxes. This changed in an email sent to creators this week, announcing that creators would take home “exactly 95% of every pledge, with no additional fees.” While it seems like great news for Patreon’s creators, the response was livid. The fee change comes at a cost to the site’s patrons, and indirectly to its creators, who will get a higher percentage of donations but of a smaller dollar amount. Patreon is making up the lost 5 percent fee on creators by charging patrons an additional 2.9 percent + $.35 for each transaction. This means smaller donors will be hit the hardest.

Did Patreon go through with these changes, despite the backlash? I can't find anything on the Patreon FAQ about how much they charge now.