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Patreon, a company that lets artists collect monthly dues from their fans in exchange for access to content, is reversing course on newly announced changes to its payment structure after significant backlash.

Tough decision: As CEO Jack Conte tried to explain last week, the company wanted to tackle some issues with its current model, including the month-to-month variations in fees incurred by artists and creators. Unfortunately, as users quickly pointed out, the new fee structure, which included a flat per-transaction fee, would have disproportinately impacted small pledges of $1 and $2.

  • Many artists worried this would discourage their fans, who would now pay those extra fees, from contributing.
  • Some critics even accused the company of making the changes solely to boost its own revenues (it takes a 5% cut from earnings) now that it's raised new funds from venture capitalists.

Instead, Patreon says it will work with its users to come up with new ways to fix its fee issues.

Go deeper

Trump sues New York Times and his niece over tax report

Former President Trump hosting a boxing match in Hollywood, Florida on Sept. 11. Photo: Chandan Khanna/AFP via Getty Images

Former President Trump filed a lawsuit against the New York Times and his niece Mary Trump on Tuesday over the news outlet's reporting on his tax records, the Daily Beast first reported.

Details: The lawsuit, filed in New York's Dutchess County, alleges the NYT "engaged in an insidious plot to obtain confidential and highly-sensitive records" and that it "convinced" Mary Trump to "smuggle records out of her attorney's office and turn them over to The Times."

House passes government funding, debt ceiling bill

Speaker Nancy Pelosi. Photo by Kevin Dietsch/Getty Images

The House passed a bill on Tuesday to fund the government through early December, along with a measure to raise the debt ceiling through December 2022.

Why it matters: The stopgap measure, which needs to be passed to avoid a government shutdown when funding expires on Sept. 30, faces a difficult journey in the Senate where at least ten Republicans would need to vote in favor.

3 hours ago - Politics & Policy

The Democrats' debt dilemma

Illustration: Aïda Amer/Axios

Democrats find themselves in a political and potentially catastrophic economic quagmire as Republicans stand firm on denying them any help in raising the federal debt ceiling.

Why it matters: The Democrats are technically right — the debt comes, in part, from past spending by President Trump and his predecessors, not only President Biden's new big-ticket programs. But Senate Minority Leader Mitch McConnell (R-Ky.) is saddling them with the public relations challenge of making that distinction during next year's crucial midterms.

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