Written on Friday, March 31st, 2006 at 7:30pm by Alan Bedenko | One Comment

Newstex

I got an email today from some outfit called “Newstex“, which says it wants to syndicate my content, with a possible monetary payout:

Our company, Newstex, is an aggregator or wholesaler of real-time news, content and commentary that serves customers in the financial, government and entertainment markets. Newstex adds value by aggregating hundreds of digital news feeds from publishers and standardizing the content by adding industry-specific data, stock ticker symbols, keywords and other categorization fields. Newstex clients integrate Newstex’s products into their commercial and proprietary applications for delivery to end-users via the Internet, wireless devices, proprietary networks and dedicated terminations.

We believe that the inclusion of your blog would be a wonderful complement to Newstex’s offering and would like to discuss the potential for licensing it. All we require is a full text of every post via RSS. We pay you a 30% royalty of the gross revenues based on your royalty pool participation for each product your posts are included in and we maintain a hyperlink to your homepage in our dateline. With little effort on your end, you benefit with added exposure, as well as generating revenues for your blog. Examples of licensed blogs include: The Conspiracy to Keep You Poor and Stupid by Donald Luskin and Economic Principals.com by David Warsh.

I’ve never heard of it, and the agreement asks for my SSN or EIN. Which I ain’t giving out to someone who sends me an unsolicited adhesion contract.

Has anyone who isn’t quite as suspicious as I received this?

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One Comment

  1. Nancy says:
    January 4, 2007 at 3:12 pm

    They seem legit from what I can tell, and are hiring for people to find bloggers like you :)

    “Blog Acquisition – Part Time
    Are you a blogger? Or do you get most of your news from blogs? Do you read thousands of blogs each day? Newstex is looking to expand our blog acquisition team (what we fondly refer to as ”BAT”) and could use your help.

    Responsibilities: Tasks include: researching and prospecting for new blogs that are appropriate for our Blogs on Demand product, convincing bloggers to syndicate their content to us, answering questions about our company and service via email and telephone, and keeping track of your status on a weekly basis. We pay based on each successfully executed blog agreement that an individual is able to secure.

    Requirements: A passion for blogs is first and foremost. We want individuals who are enthusiastic, resourceful, persuasive, and well-organized. Sales experience is helpful, but not necessary. This is a part-time virtual telecommuting position.

    Email a compelling cover letter, salary history & resume to: jobs@newstex.com

    Please also tell us about blogs you write or contribute to and of course your Top 5 favorite blogs to read.

    No phone calls please.”

 

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