Mohney on Money

“If you want to know why (other than immediate cash flow) that media companies often don’t pay on time, it’s because they themselves are often not paid on time. The roles get reversed on the publisher when dealing with deadbeat clients, and there’s no common element among them. Giant multinational corporations may require daily harassment to cough up a few hundred dollars. Seemingly respectable brands suddenly decree they’re adding 120 days to pending invoices because the upcoming holiday shopping season looks weak.” — BlackBook editor Chris Mohney responding on Tumblr to allegations that his company doesn’t pay freelancers on time. (c.f.)

Mohney on Money