Thursday 14 December 2017

Why content crowdfunder Patreon is halting its hated fee change

 Overhauling the creative economy turns out to be quite tricky. Following massive backlash, Patreon is at least temporarily pausing its plan to change its payment processing fee stucture on December 18th from charging creators 2%-10% on the first of the next month to charging patrons 2.9% plus $0.35 per transaction up front and on the monthly anniversary of their first pledge beyond the 5%… Read More

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