Patreon Rethinks New Fee Structure After Creators Balk
We messed up.’ That was Patreon CEO Jack Conte’s response to creators who balked after the company announced new changes to their fee structure last week which, creators said, would result in the loss of patrons who make small contributions. Under the new fee structure, Patreon planned to replace its existing 5 percent cut plus third-party payment processing fees with a 2.9 percent fee structure plus a $0.35 fee per pledge to be passed on to patrons, effective December 18.
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