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Posted

Source:techpowerup

ChannelPro Tosses Elric Phares Out of Motherboards.org

Elric Phares, founder of the 20-year old tech publication Motherboards.org learned the hard way not to cut deals with the devil big corporate media houses that promise accelerated growth of your publication in exchange for a share of profits/copyrights. According to a rant posted by Phares on YouTube, Motherboards.org joined the ChannelPro Network three years ago, a deal which typically sees Motherboards.org hand over its revenue-stream management and copyrights to ChannelPro in exchange for site (cosmetic/technical) and business (diversification/partherships) development, leading up to increased revenues for all involved, which according to him, never happened. To add to that, Phares had been noting financial irregularities. When confronted with evidence of these, ChannelPro fired him. In his video, Phares announced what will shape up to be a long-drawn legal battle with his former employer, and appealed to his followers to unsubscribe from Motherboards.org (as run by ChannelPro). Phares set his base of operations in his 2010-registered consumer electronics website, TechofTomorrow.

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Elric Phares's video announcing his departure from Motherboards.org follows.

http://youtu.be/40i0G94ItMg

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Posted

I listened up to the first 20 seconds of the video when he said he made the website 20 years ago. WHOIS disagrees with him, "Created On:02-Aug-1997 04:00:00 UTC"

2012-20 = 1992.

I didn't really bothered listening to the rest.

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I listened up to the first 20 seconds of the video when he said he made the website 20 years ago. WHOIS disagrees with him, "Created On:02-Aug-1997 04:00:00 UTC"

2012-20 = 1992.

I didn't really bothered listening to the rest.

What's 5 years? I mean really.

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Posted

What's 5 years? I mean really.

Quite a lot when he's saying about something he agreed 3 years ago not being done.

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Posted

Doesn't sound like he made a wise business move giving controlling share to another party...

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Doesn't sound like he made a wise business move giving controlling share to another party...

yeah you never give up control of a company for more profits... why? because now they can fire you!

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Posted

Never trust anyone, especially corporations whose only interest is screwing you out of your money.

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