This article will help walk you through understanding Kill Fees when creating Content for Marketers.
What is a Kill Fee?
A Kill Fee is the amount paid to the Creator when a Content project is killed or cancelled by the editor before it is completed and published. The purpose of a Kill Fee is to compensate the Creator for any work done up to the point when the editor decides the project is no longer needed.
- The amount is agreed upon in advance by the Creator and organization.
- The project must have been agreed to by both parties and the terms accepted.
- Negotiated before the project is accepted.
- The editor kills the project before it is completed.
Note: A Kill Fee will only be paid out to the Creator when the project is killed by the editor. A Kill Fee will never be paid out if the Creator kills the project before it is completed. In this situation, no payment will be made to the Creator.
How Kill Fees Appear In The Creator Marketplace: