EXCLUSIVE: Wowio To Pay All 2008 Q2 Payments By November 15th

wowio1Wowio, the digital publisher with a massive comic book line has had a problem. The money it used to compensate publishers for each download of their comics came from venture capital rather than advertising. And when it dried up, not only did income levels fall, Wowio were unable to meet their debts for the second quarter of 2008. And when Platinum bought Wowio, the debt was still not paid, only the reduced payments on current downloads reached publishers. Platinum and Wowio parted ways. And while further funding was sought, there was no sign of paying past debts being a part of that arrangement.

Until now. Brian Altounian, CEO of Wowio, has just emailed all publishers that payments will start from today, with a priority for continuing publishers with Wowio. And that all publishers will be paid by November 15th.

It’s a remarkable turnaround that many thought they’d never see. Publishers who had pulled work as a result of missing payments are being courted to return.

Maybe this kind of thing could catch on.

TheMist

The Mist Gets A Director From The Walking Dead

GENZERO_002_VARIANT_HENRY

Generation Zero Knows Their 4th Amendment Rights

unnamed (6)

Before Chew Comes To An End… The Chog Hat

Supergirls2thumb

The CW Previews Supergirl’s Second Season With New Poster

Hastings Knock A Further 40-60% Off Their Prices, Ahead Of Their Final Days

John Oliver Pitches A Superhero Of His Own

Lying In The Gutters – 29th August 2016 – 29 Stories Beaten By Ironheart

Fantastic Beasts

Warner Bros First Studio To Use Twitter Stickers

alison-brie

Community’s Alison Brie To Become A Gorgeous Lady Of Wrestling

OliviaColman

Olivia Colman Addresses Night Manger Spinoff And Bond Speculation