Chitika Delays Auditing and Payments
A month after Chitika angered publishers by drastically reducing payments after showing audited figures, they are having problems again. This time they have announced that their auditing for the month of November will be late by about two weeks. This also means that November payment will be about two weeks later than outline by their terms and conditions, which states a net-30 payment.
They also decided to announce this problem via their blog, instead of emailing publishers directly.
I’m sure many more publishers will be dropping Chitika because of these problems; if Chitika keeps this up they may not have any publishers left.
See more reaction at JenSense and Inside Online Advertising.
