Producer Rewards

Termination of the Producer Rewards® program
With this posting, Metacafe is today announcing the termination of the Metacafe Producer Rewards® program effective June 30, 2009.
Metacafe was among the first in the industry to reward independent producers for their online video successes, and we are proud of the fact that we subsidized the program in an effort to help lead the development of the online video industry. While we have worked to maintain the Producer Rewards® program during the past year, we are now faced with a market environment that requires us to focus on profitability in the near term and are not in the position to continue to subsidize the program.
This has been a difficult decision. We value our independent producers and your work. We sincerely hope you’ll continue to be part of the Metacafe community, and we will continue to work with independent producers to create new opportunities and to realize financial success.
We will provide more details on how the program wind-up will work in the upcoming days and weeks, but here is an overview:
- Videos that are currently part of the Producer Rewards® program will continue to accrue earnings through June 30, 2009. Payments will be made following the end of each month, consistent with our past payment practices. If the amount of money owed to you as of June 30, 2000 is less than $100, we will nonetheless make payment to you.
- Videos that are currently a part of the Producer Rewards® program will be removed from the site on July 1, 2009 unless you affirmatively elect to maintain your video(s) on the site on an uncompensated basis and not as part of the Producer Rewards® program.
­ - If you are a producer who has had videos previously accepted into the program and wish to keep those videos on Metacafe, you must send an e-mail to PRTermination@metacafe.com no later than June 30, 2009. The e-mail should state that you want your videos to remain on Metacafe and needs to include your full name, your Metacafe user name and a link to your Metacafe channel. Your videos will then be transitioned into the Metacafe Producer™ program, which provides recognition that you are the creator of and rights holder to this original work, but they will no longer be eligible for payment.­- However, if you wish to remove your Producer Rewards® videos from the program immediately, please send an email to PRTermination@metacafe.com from the email registered to your Metacafe account stating your user name and that you would like to remove your Producer Rewards® videos from the website. We will honor these requests within three business days.
- We will no longer be accepting new videos into the Producer Rewards® program, effective immediately.
­ - If you have submitted a video to be considered for acceptance into the Producer Rewards® program but have not received an acceptance notification, then your videos will remain on the site but will not become a part of the Producer Rewards® program. You may remove any video that has not been accepted into the Producer Rewards® program yourself at any time by logging into your account.
Many of you will certainly have questions about this process. Please email us your questions at PRTermination@metacafe.com. While we won’t be able to answer them all individually, we will compile them and will take them into account in our future communications about the process. You can also visit our Producer forums as well.

For Continued :
http://blog.metacafe.com/?cat=12