SHE Media Announces Advanced Payments to Support Publishers
To our valued Publisher Partners,
In the wake of the Coronavirus pandemic and its impact on the Digital economy, we have been hearing concerns from the industry about publishers' and advertisers' liquidity, ability to pay, ability to collect and overall financial stability of the digital ad supply chain. SHE Media and Penske Media (our parent company) are heavily invested in the growth of independent media voices such as yours. We want to see the web continue to be a place where independent voices can be heard, stories shared and communities grown.
As a publisher ourselves, we have always put value in identifying and mitigating financial risk factors for our business and for our publishing community. We value the time and money we put in to thoroughly audit the vendors & suppliers we work with. We also invest heavily in developing strategic relationships with the largest players in the digital advertising space. In doing so, we have prepared ourselves - and you - with unique security during a time like this.
While the rest of the industry is seeing significant delays in payments to publishers, we are prepared to do the opposite. We understand the importance of cash flow therefore, as part of our commitment to keep businesses like yours as protected as possible during this pandemic, we have decided to advance payments to publishers over the next three months.
You can now expect to receive payments from SHE Media Ten (10) days early, so you can continue to operate with confidence.
This change will apply to our standard payment term policy, and will affect May, June, and July, 2020 payment dates.
If you have any questions, please reach out to your SHE Media publisher service manager or email your support team at support@shemedia.com.
Thank you,
Ryan Nathanson
SVP, Operations SHE Media Partner Network
