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Originally Posted by Drew
Man, I'm only about half-way through this episode and my skin is crawling. Here's something I picked up on that I'm not sure anyone has noticed yet. 23:07 Payments will be made based on Podshow reporting.
In essence they will rely upon their own reports to determine how much to pay the producer. That there's called a conflict of interest. If these guys had a clue they'd have a third-party maintain the stats and then get an independent auditor to review them on routine basis. |
I caught that and another big hole as well. The endorsement fee portion that says something about 'we believe that endorsements can become a significant source of revenue.' Anyone that signs this contract could easily sue if they do not receive a 'significant source of revenue' from endorsements. Exactly why most companies do not use such vague language in contracts.
I think it would be HILARIOUS if someone did sign this contract with an intent to take podshow to court in a year when this shit doesn't pan out.
So, not only are the marjority of people signing this idiots, Podshow lawyers don't seem to bright either for leaving such a large potential for company liability in the contracts.