MetaReward Layoffs?
People have come looking for information on possible MetaReward layoffs. In short, it appears as though Experian Interactive, who purchased MetaReward in December of 2003, will shutter the unit as early as May 1, 2006. I cannot comment on how many of its employees will relocate to other Experian Interactive business units and how many will be laid off. Fortunately, it's a strong market - for people, publishers, and advertisers.
MetaReward saw strong results in calendar year 2004 and through the first half of 2005 but, assuming this rumor true, either that has changed or Experian Interactive has extracted what it needed from the unit and/or has determined the unit does not fit with long term plans. Those waiting on payment or expecting payment should not worry.
Time permitting, I'll put together a history of the unit and the segment of online advertising that in which it operates to understand better this decision by Experian Interactive.
You say don't worry ?
Try contacting MetaReward.
If you can manage to communicate with anyone, they have every excuse in the book as to why they have not distributed payments to their affiliates.
Experion needs to check MetaReward accounting procedures closely before the current money-shifting scheme blows-up into a publicity nightmare.
Posted by: John Smith | June 14, 2006 at 08:31 AM
Metareward is currently four months behind in paying commissions owed to me.
They continue to come up with excuse after excuse as to why I have not received my money.
I don't think I will ever be paid, and they owe me nearly $10,000.
Posted by: Anon | March 01, 2007 at 01:59 PM