Patreon to Take Bigger Cut From New Creators Starting This Summer: Here’s What to Do

Patreon changes his business modelAnd the new creators will soon feel the difference. From later this summer, Patreon will increase the percentage necessary for the accounts of newly launched creators. While the existing creators will keep their share of current income, those who join the platform after the change will abandon a larger part of their profits in Patreon.

Currently, Patreon takes an 8% drop or a 12% reduction in creators, according to their selected level, although the 8% plan is the most popular. The new pricing model will introduce a single universal level which takes 10% of creators’ income.

If you’ve already listened to a podcast on Spotify or a YouTube video, you’ve probably heard the host to mention something about “joining the Patreon” and accessing the exclusive content published there. Patreon is a membership platform founded in 2013 which allows creators to win recurring income directly from their fans, or “customers”, through paid subscriptions. Creators can offer content, advantages or exclusive access in exchange for a monthly medium.

Patreon claims that adjustment reflects investments in new tools, safety characteristics and infrastructure for creators. This marks the first major change in the structure of Patreon costs since its 2019 overhaul, which introduced plans on several levels. The update has no impact on current users, but it could influence where future creators choose to build their communities and monetize their work.

The new prize will only apply to creators who launch a Patreon page on August 4 or after, so if you have already thought of making a Patreon, it’s time.