Patreon has introduced an replace to its pricing, consolidating its Professional and Premium plans right into a single providing beginning August fifth. The brand new plan will take 10 p.c of creators’ earnings, reasonably than the present eight p.c for Professional and 12 p.c for Premium customers. That may imply a value enhance for a lot of new customers, although current customers received’t see any enhance, nor will anybody who indicators up earlier than the change takes impact. And for entry to all of the options from the outdated Premium tier, you’ll want an add-on that tacks an additional three p.c onto the default take.
At the moment, Patreon’s costlier Premium plan provides entry to teaching and help employees, staff accounts, and merchandise choices. From August all of these options besides merch shall be rolled into the brand new standard plan, mounted at 10 p.c of creators’ earnings on the platform. There’ll be an non-obligatory add-on for merch, which can add three p.c to your general fee, so in impact there are nonetheless two plans obtainable. As earlier than, fee processing, forex conversion, and payout charges will nonetheless sit on prime of that.
Present Patreon creators on the Professional tier will proceed paying eight p.c, as will anybody who launches a Professional creator web page on or earlier than August 4th. The Professional plan shall be upgraded to incorporate all the identical options as the brand new normal plan.
Creators presently on the 12 p.c Premium fee will truly get monetary savings, migrating to an 11 p.c fee that features all their present options. They’ll have the choice to drop the merch add-on and transfer to an eight p.c fee, matching legacy Professional customers.
Patreon’s final pricing replace was to sunset its five percent Lite tier in 2023; the Professional and Premium costs have been set back in 2019. Explaining this 12 months’s enhance, Patreon says in a press release that since 2019 it has “expanded past simply funds to incorporate media internet hosting, neighborhood, and discovery,” and that the elevated costs are within the identify of “persevering with to put money into the platform creators are constructing their companies on.”
Later this summer time Patreon will even replace pricing for video, which stays in early entry regardless of launching in 2022. Patreon’s video instruments launched with 500 free lifetime hours for creators, which was then lowered to 100 hours, however quickly eligible creators will as an alternative obtain 100 free hours of video monthly.