After August 4, creators organising a paid membership web page on Patreon must pay a ten % price on their earnings underneath the platform’s new normal plan. Whereas Patreon at the moment gives Professional and Premium plans, which carry charges of 8 % and 12 % of creators’ earnings, respectively, it is merging the 2 right into a single possibility shifting ahead. The worth enhance solely applies to creators publishing a brand new web page; Patreon says it can proceed to honor the decrease Professional price for anybody who has locked it in by August 4.
As soon as the change is in place, issues can even get a bit cheaper for creators who have been working underneath the Premium (12 %) plan. Quite than persevering with to pay 12 %, Premium creators can be shifted to a customized “Professional + merch” plan that may include an 11 % price. In the event that they take away the merch possibility, the price will drop to eight %.
Patreon additionally says it is growing the quantity of free storage it’s going to present for creators utilizing Patreon Video. Whereas it beforehand mentioned it could present storage for as much as 100 hours of video throughout the account’s lifetime and cost for something past that, Patreon now says it can start providing 100 hours of video monthly totally free later this summer season. The transfer comes shortly after the platform teased new tools including a built-in livestreaming feature, Reside Video. Patreon started checks of Reside Video amongst choose creators this spring, with plans for a summer season rollout.