Have you ever wondered to yourself, “What would I do if i won the lottery? What would I do if I had one million dollars?”. I often ask myself that question and day-dream about the endless possibilities of ways I can spend that money. What if I stopped daydreaming. Why not finally get off my butt and start saving! How much could I make over the course of the next few weeks, months, or years?! So I took it upon myself this week to start a blog.
Ehow and Demand Studios Cancel Their WCP (Writers Compensation Program)
Let me start by saying I no longer think well of Ehow, or Demand Studios. I was sent the following email about the fact that as of right NOW they will be ending the writers compensation program for legacy Ehow writers. According to the email I have two options. I can either sell my articles to them for a TREMENDOUS DISCOUNT, or I can take my articles elsewhere. I will be taking my articles elsewhere.
As far as I am concerned, the buyout option for me was a very low-ball offer. The offer was less than HALF of what the annual compensation of the articles were for me last year. These were articles I wanted to collect passive income from for YEARS TO COME and they want me to take less than half of 1 years compensation? I trust you can tell I feel insulted, as much time and effort were put into these articles. As of today, I will start porting my ehow articles to squidoo.com, and I sincerely hope that Demand Media Studios goes bankrupt! You can find my 2 most profitable articles already ported here:
"We want to personally thank you for the time spent writing articles for eHow.com and helping contribute to the growth of our site. As a valued writer who's written articles for eHow, you know we're a site that is focused on excellence and delivering the best possible experience to our readers.
As you might remember, we stopped accepting user-generated articles under eHow's Writer Compensation Program (WCP) in April of 2010. However, we kept articles published by members like you so all contributors could continue earning money for their work.
As eHow.com continues to evolve and become a leading destination for trusted information, we are working hard to ensure all content is professionally created and editorially vetted. After much consideration, eHow has decided to close the WCP and remove a number of user-generated articles from the site beginning May 5, 2011.
Now, what's exciting for YOU is that we are extending attractive offers to a select group of great writers to purchase the articles they've written for eHow so that those articles can be vetted through our current editorial process, which includes professional fact checking and copy editing. Needless to say, your great work has put you in this special category!
Beginning today, your WCP console will have the details of your offer. The offer includes the purchase price of your articles, which is based on historical earnings. You will have until May 31, 2011 to accept our offer.
By accepting our offer you are agreeing to sell all the rights of your articles to us. We would own the articles from that point on, and will have the ability to review and revise them to ensure they meet our editorial standards. Following the acceptance of the offer, you will receive three payments: one for regular earnings paid in June for money earned from May 1-5, and two equal installments for your buyout offer, which will be paid by June 15 and July 15, 2011 via PayPal. However, if you choose to decline the offer you will receive your last WCP payment for money earned from May 1-5 by June 15, 2011.
If you agree to sell your articles, we ask that you immediately remove the articles from any other sites that have published them. If you decline the offer, articles will begin to be removed from eHow.com. However, you will retain complete control of all the content you have written and will continue to have rights to publish them anywhere. Additionally, if you choose not to accept our offer, you'll have an opportunity to retrieve your articles from us between May 17th and May 31st, if you wish to retain them for your records. Further details for article retrieval will be shared through your WCP console.
We truly value your contributions to eHow and know that the site would not be what it is today without people like you. Thank you again and please feel free to contact_________ with any questions you may have."