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Spymac pays out another $100,000 to uploaders, beats YouTube
Spymac today announced it has paid out nearly a quarter of a million dollars to uploaders who contributed original pictures, videos and music to their new international Web 2.0 media portal located at spymac.com. Canadian Comedian Wes Borg is one of many celebrities who have announced their support of the innovative new site.
Posted March 08, 2007
By NEWSROOM, EVERGEEK MEDIA
 
Comedian Wes Borg uses Spymac.com to earn money from his videos.

With a 20-year live performance career, Wes loves doing live shows but, like other comedians, needs additional channels to reach a broader audience in order to make a living. After first recording and publishing his shows online at deadtroll.com, he soon realized that the web generally works completely opposite of the real world in terms of earning money for popular content. Although his videos became popular and were viewed by many users, the online portal owners were the only ones making a profit.

"I won't put my stuff on sites that don't share the money they make of my content," Wes said. "It's not fair to make millions off other people's creativity without sharing. So I started looking for a site on which you can earn money if you have quality content. Most portals are full of content people copy from somewhere else, and amateur videos like granny falling off a chair at a party, which is fine. But comedy is my art form and being a professional I work hard at it. So it was wonderful to find Spymac - they truly reward creative original content."

With Spymac's revenue-sharing model, the most active, creative and popular content providers earn the largest amounts of money. The dividend payout-system is based on an exponential curve similar to lottery payout-systems: the daily and monthly winners receive the lion's share, the next best content providers earn a sizable amount of money, and the rest earn smaller payouts. In the first month, Spymac's most popular uploaders received approximately $5,000. The payouts continue to grow along with user numbers and the related advertising income. In its first two months of launching its new site, Spymac has paid out almost a quarter of a million dollars.

After uploading his content to Spymac.com, Wes started earning money based on the unique revenue-sharing model, and was also booked to perform on events in the United States, Canada and even Europe. He recently launched a short film contest called "Metro TV" that's a cross between a film festival and a raucous "idol-Style" talent show. The best short films are shown on the big screen at Metro Cinema in Edmonton, Alberta and worldwide on www.Spymac.com.

"Spymac feels like a community of cool people," said Wes. "It's the interaction of people with similar mindsets, tastes and interests that result in a very exiting creative exchange which is why Social Networking communities are so popular today."

"We've designed Spymac to be completely impulse-driven," explained Kevin April, Co-founder of Spymac. "Our members spend hours browsing the site because once they find something they're interested in, they're presented with links to videos, music and other members that we know they'll like. It's like channel-surfing, only better."
 
 
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