Difference between NET and GROSS Revenue

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Difference between NET and GROSS Revenue

Post by Gabriel on Tue Jan 15, 2013 4:40 pm

We and Bent Pixels have always wanted to be absolutely clear with our Partners and future Partners and we made that a step again in regard to our Content Provider Contract.

On standard terms our Contract was 80% Net Revenue share but now we have changed that to 50% Gross Revenue share. Which is approximately 80% net revenue,

Is there any difference? NO

99% of other Networks on YouTube go by Net revenue in their Contract and that is not what we want to be like, we want to be clear with what you earn. We have included a small FAQ below that may answer your doubts.


Q: Another Network is offering me 70% revenue share, that's better than you?
A: No. Again, 99% of the existing Networks go by Net Share not gross. We pay you 50% gross or 80% net. They will pay you 40% gross or 70% net.

Q: I'm already a Partner with you, what now?
A: Don't worry, you will still be on the previous contract as there is no difference in revenue for you.

Q: What's the definition of Net and Gross?
A: Net Revenue: In accounting, net profit is equal to the gross profit minus overheads minus interest payable plus/minus one off items for a given time.
Gross Revenue: gross sales: income (at invoice values) received for goods and services over some given period of time.

Put in simpler terms,
Net Revenue: Revenue you receive before any operational costs, merchandising costs, accounting fees and other services that may be listed in a contract.
Gross Revenue: Revenue you actually receive in your PayPal account, after any fees or costs taken out.

If you need help regarding your payments, contract or anything else, please email us at partnersupport@yourdailylaughz.tv
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Gabriel
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