casper2 Posted November 9, 2012 Share Posted November 9, 2012 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. Elric Phares's video announcing his departure from Motherboards.org follows. http://youtu.be/40i0G94ItMg Link to comment Share on other sites More sharing options...
n_K Posted November 9, 2012 Share Posted November 9, 2012 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. Link to comment Share on other sites More sharing options...
SharpGreen Posted November 9, 2012 Share Posted November 9, 2012 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. Link to comment Share on other sites More sharing options...
n_K Posted November 9, 2012 Share Posted November 9, 2012 What's 5 years? I mean really. Quite a lot when he's saying about something he agreed 3 years ago not being done. Link to comment Share on other sites More sharing options...
FlintyV Posted November 9, 2012 Share Posted November 9, 2012 Doesn't sound like he made a wise business move giving controlling share to another party... Link to comment Share on other sites More sharing options...
neufuse Veteran Posted November 9, 2012 Veteran Share Posted November 9, 2012 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! Link to comment Share on other sites More sharing options...
casper2 Posted November 11, 2012 Author Share Posted November 11, 2012 Motherboards.org Update http://www.youtube.com/watch?v=Sqzs4LjVVS8&feature=g-all-u Link to comment Share on other sites More sharing options...
Growled Member Posted November 26, 2012 Member Share Posted November 26, 2012 Never trust anyone, especially corporations whose only interest is screwing you out of your money. Link to comment Share on other sites More sharing options...
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