MOG to Affilate: “I’ll gladly pay you on Tuesday, four months from now.”
From an email dated Thursday, Dec 18, 2008:
While demand for advertising on MMN continues to be strong, we are seeing a distinct slowdown in advertiser-issued payments. Regrettably, MOG doesn’t have the luxury of paying out affiliates before advertiser payments are collected. This means that we have to push back our payment terms to 120 days, starting with October 2008 earnings onward.
Director, Business Development | MOG
FYI, you won’t be seeing MOG ads around here for much longer.