Patreon is raising its fees for new creators soon

Patreon has announced an update to its pricing, consolidating its Pro and Premium plans into a azygous offering starting August 5th. The caller program volition instrumentality 10 percent of creators’ earnings, alternatively than the existent 8 percent for Pro and 12 percent for Premium users. That volition mean a terms summation for galore caller users, though existing users won’t spot immoderate increase, nor volition anyone who signs up earlier the alteration takes effect. And for entree to each the features from the aged Premium tier, you’ll request an add-on that tacks an other 3 percent onto the default take.

Currently, Patreon’s much costly Premium program adds entree to coaching and enactment staff, squad accounts, and merchandise options. From August each of those features but merch volition beryllium rolled into the caller standard plan, fixed astatine 10 percent of creators’ net connected the platform. There’ll beryllium an optional add-on for merch, which volition adhd 3 percent to your wide rate, truthful successful effect determination are inactive 2 plans available. As before, outgo processing, currency conversion, and payout fees volition inactive beryllium connected apical of that.

Existing Patreon creators connected the Pro tier volition proceed paying 8 percent, arsenic volition anyone who launches a Pro creator leafage connected oregon earlier August 4th. The Pro program volition beryllium upgraded to see each the aforesaid features arsenic the caller modular plan.

Creators presently connected the 12 percent Premium complaint volition really prevention money, migrating to an 11 percent complaint that includes each their existent features. They’ll person the enactment to driblet the merch add-on and determination to an 8 percent rate, matching bequest Pro users.

Patreon’s past pricing update was to sunset its 5 percent Lite tier successful 2023; the Pro and Premium prices were set backmost successful 2019. Explaining this year’s increase, Patreon says successful a connection that since 2019 it has “expanded beyond conscionable payments to see media hosting, community, and discovery,” and that the accrued prices are successful the sanction of “continuing to put successful the level creators are gathering their businesses on.”

Later this summertime Patreon volition besides update pricing for video, which remains successful aboriginal entree contempt launching successful 2022. Patreon’s video tools launched with 500 escaped beingness hours for creators, which was past reduced to 100 hours, but soon eligible creators volition alternatively person 100 escaped hours of video per month.