MOG “Clarifies” New Affiliate Payment Terms

Just received this email today from Andrei Marinescu, Director of Business Development at MOG regarding the switch from net 60 to net 120 terms for affiliate payments. Dear affiliates, I, and the rest of the MMN team, have received and answered a number of emails expressing understandable concern regarding the change in MMN payment terms….

MOG MMN Institutes 120 Day Holds for Affiliate Payments

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….