Penthouse not paying :(

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  • Matyko
    PsyHead
    • Aug 2005
    • 8674

    #101
    Originally posted by CurrentlySober
    Perhaps a $300.00 min payout?
    good tip, I found the email too:

    "Effective April 1st 2017, Penthouse Cash minimum payout will become $200 for Check, Paxum and Paypal. Domestic and International wires remain a $500 minimum."
    -=- Register with our ref link and we help you with the setup! -=-
    AdSpyglass.com - Double your profit from brokers

    Comment

    • NemesisEnforcer
      Confirmed User
      • Aug 2003
      • 2122

      #102
      Originally posted by Mr Pheer
      No more licensing fees for them since they own it now. Strategic move for not a lot of money.
      Good observation.
      The Only Time When Success Comes Before Work Is In A Dictionary.

      Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

      Comment

      • NemesisEnforcer
        Confirmed User
        • Aug 2003
        • 2122

        #103
        The Penthouse auction happened today. You will be pleasantly surprised as to who purchased it and for how much. Here is a hint; tubes, porn, & big money (millions). I will wait for the letter from the court to confirm. I've seen auctions happen and the winner backed out.
        The Only Time When Success Comes Before Work Is In A Dictionary.

        Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

        Comment

        • Cyber Fucker
          Hmm
          • Sep 2005
          • 12642

          #104
          Originally posted by NemesisEnforcer
          The Penthouse auction happened today. You will be pleasantly surprised as to who purchased it and for how much. Here is a hint; tubes, porn, & big money (millions). I will wait for the letter from the court to confirm. I've seen auctions happen and the winner backed out.
          mindgeek?

          Comment

          • NemesisEnforcer
            Confirmed User
            • Aug 2003
            • 2122

            #105
            Originally posted by Cyber Fucker
            mindgeek?
            It's my understanding that it went back-and-forth between MindGeek and XVideos. In the end, XVideos won at $11.2 million USD. I believe $3 million of that was contributed by Kirkendoll.

            Now they can put the full length version of Caligula on xvideos.com
            The Only Time When Success Comes Before Work Is In A Dictionary.

            Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

            Comment

            • rhon23
              Rebel Girl
              • Jun 2003
              • 3275

              #106
              Originally posted by NemesisEnforcer
              It's my understanding that it went back-and-forth between MindGeek and XVideos. In the end, XVideos won at $11.2 million USD. I believe $3 million of that was contributed by Kirkendoll.

              Now they can put the full length version of Caligula on xvideos.com
              sigh....

              Comment

              • xvideos
                Registered User
                • Apr 2014
                • 26

                #107
                MINDGEEK's dirty business as usual : they are making screenshots of XVIDEOS and sending them to Penthouse's broadcasting partners. I guess they are picking a couple videos that should be deleted in the sea of 8 million clips.

                How pathetic is that? Sore losers scumbags.

                Comment

                • NemesisEnforcer
                  Confirmed User
                  • Aug 2003
                  • 2122

                  #108
                  Hell of a bureaucracy to collect money. Another letter from bankruptcy court saying settlement has been decided and we have until July 2, 2018 to file proof of claim.

                  This is your last chance to get your piece of the $11.2 Million.
                  The Only Time When Success Comes Before Work Is In A Dictionary.

                  Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                  Comment

                  • RyuLion
                    • Mar 2003
                    • 32364

                    #109
                    Originally posted by rhon23
                    sigh....


                    xvideos will probably make the $$ back in 1 year..

                    Adult Biz Consultant A tech head since 1995
                    Affiliate Support: Chaturbate | CCBill Live

                    Comment

                    • NemesisEnforcer
                      Confirmed User
                      • Aug 2003
                      • 2122

                      #110
                      Originally posted by RyuLion


                      xvideos will probably make the $$ back in 1 year..
                      It's possible but they will need true leadership at Penthouse.
                      The Only Time When Success Comes Before Work Is In A Dictionary.

                      Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                      Comment

                      • PSD
                        PornSiteDomains.com
                        • Oct 2002
                        • 1265

                        #111
                        Originally posted by NemesisEnforcer
                        Hell of a bureaucracy to collect money. Another letter from bankruptcy court saying settlement has been decided and we have until July 2, 2018 to file proof of claim.

                        This is your last chance to get your piece of the $11.2 Million.
                        Any idea which case number should be checked at top of claim form for past due affiliate earnings?
                        PornSiteDomains.com

                        Comment

                        • NemesisEnforcer
                          Confirmed User
                          • Aug 2003
                          • 2122

                          #112
                          Originally posted by PSD
                          Any idea which case number should be checked at top of claim form for past due affiliate earnings?
                          Here you go, it's public record:

                          Bankruptcy Petition # / Case #: 1:18-bk-10098-MB
                          U.S. Bankruptcy Court
                          Central District of California (San Fernando Valley)

                          Debtor
                          Penthouse Global Media, Inc.
                          8944 Mason Ave.
                          Chatsworth, CA 91311
                          Tax ID / EIN: 47-2601335
                          The Only Time When Success Comes Before Work Is In A Dictionary.

                          Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                          Comment

                          • Pseudonymous
                            Photographer/Owner
                            • Apr 2006
                            • 2661

                            #113
                            Why weren't they in on this sale when it was originally up for sale? It went for 6 million, a few years ago.

                            Quite the profit in a few years, good one Kelly.

                            Companies that large should always have their ear on the ground. Or somebody sold it without contacting the right people, if that's the case. Unbelievable.
                            Previous owner of SoloRevenue
                            Previous product manager @ Modelcentro.com/MCProfits.com, IsMyGirl.com, SMRevenue.com

                            Comment

                            • NemesisEnforcer
                              Confirmed User
                              • Aug 2003
                              • 2122

                              #114
                              Originally posted by Pseudonymous
                              Why weren't they in on this sale when it was originally up for sale? It went for 6 million, a few years ago.

                              Quite the profit in a few years, good one Kelly.

                              Companies that large should always have their ear on the ground. Or somebody sold it without contacting the right people, if that's the case. Unbelievable.
                              Not $6 million, but over $10 Million. Overall, as a debtor, the sale is a loss for the note holder.
                              The Only Time When Success Comes Before Work Is In A Dictionary.

                              Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                              Comment

                              • PSD
                                PornSiteDomains.com
                                • Oct 2002
                                • 1265

                                #115
                                Originally posted by NemesisEnforcer
                                Here you go, it's public record:

                                Bankruptcy Petition # / Case #: 1:18-bk-10098-MB
                                U.S. Bankruptcy Court
                                Central District of California (San Fernando Valley)

                                Debtor
                                Penthouse Global Media, Inc.
                                8944 Mason Ave.
                                Chatsworth, CA 91311
                                Tax ID / EIN: 47-2601335
                                Thanks, I am looking at the claim form the law firm sent out to creditors, which lists all the related case numbers at top. What I was trying to get at is affiliate earnings may not have been paid by parent company, Penthouse Global Media, which that case number is for but a related company involved like Penthouse Global Digital perhaps which is listed as a separate case number (1:18-bk-10102) at top of form. Forgot who the payor was on last check.

                                Edit: Never mind, found a check stub from last payment and it is from Penthouse Global Digital, Inc so gonna use case number 1:18-bk-10102

                                Last edited by PSD; 06-05-2018, 09:59 PM. Reason: Update post with case number.
                                PornSiteDomains.com

                                Comment

                                • Pseudonymous
                                  Photographer/Owner
                                  • Apr 2006
                                  • 2661

                                  #116
                                  Originally posted by NemesisEnforcer
                                  Not $6 million, but over $10 Million. Overall, as a debtor, the sale is a loss for the note holder.
                                  Gotcha, thanks for the clarification, i got the information from Shap on Xbiz. Figured he read the xbiz article
                                  Previous owner of SoloRevenue
                                  Previous product manager @ Modelcentro.com/MCProfits.com, IsMyGirl.com, SMRevenue.com

                                  Comment

                                  • NemesisEnforcer
                                    Confirmed User
                                    • Aug 2003
                                    • 2122

                                    #117
                                    Originally posted by PSD
                                    Thanks, I am looking at the claim form the law firm sent out to creditors, which lists all the related case numbers at top. What I was trying to get at is affiliate earnings may not have been paid by parent company, Penthouse Global Media, which that case number is for but a related company involved like Penthouse Global Digital perhaps which is listed as a separate case number (1:18-bk-10102) at top of form. Forgot who the payor was on last check.

                                    Edit: Never mind, found a check stub from last payment and it is from Penthouse Global Digital, Inc so gonna use case number 1:18-bk-10102

                                    I have both media and digital but I use just one number. Their website says "Penthouse Global Media, Inc." but I guess they pay from whatever account has money that week.
                                    The Only Time When Success Comes Before Work Is In A Dictionary.

                                    Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                                    Comment

                                    • daviking
                                      Confirmed User
                                      • Apr 2007
                                      • 290

                                      #118
                                      What did you guys use as proof of claim? You think a screenshot of the outstanding payments inside NATS is enough?

                                      Comment

                                      • PSD
                                        PornSiteDomains.com
                                        • Oct 2002
                                        • 1265

                                        #119
                                        That is what I was planning to use.
                                        PornSiteDomains.com

                                        Comment

                                        • MichaelP
                                          Registered User
                                          • Aug 2003
                                          • 7123

                                          #120
                                          Originally posted by daviking
                                          What did you guys use as proof of claim? You think a screenshot of the outstanding payments inside NATS is enough?
                                          That's what I sent. They still can compare it to their own numbers inside NATS

                                          Comment

                                          • NemesisEnforcer
                                            Confirmed User
                                            • Aug 2003
                                            • 2122

                                            #121
                                            Originally posted by daviking
                                            What did you guys use as proof of claim? You think a screenshot of the outstanding payments inside NATS is enough?
                                            That should do as evidence. This you swear, the court expects you to abide by the honor system or face the consequences of perjury.
                                            The Only Time When Success Comes Before Work Is In A Dictionary.

                                            Did you ever notice: When you put the 2 words 'The' and 'IRS' together it spells 'Theirs.'

                                            Comment

                                            • Rochard
                                              Jägermeister Test Pilot
                                              • Dec 2001
                                              • 75733

                                              #122
                                              Penthouse owed me about $250. I had to fill out a few forms, but I was able to get paid. Took about three months.
                                              Herschel Savage
                                              Brooklyn, NY

                                              Comment

                                              • daviking
                                                Confirmed User
                                                • Apr 2007
                                                • 290

                                                #123
                                                Did anyone receive payment yet from the bankruptcy case? I sent in my papers in time, but haven't heard anything yet.

                                                Comment

                                                • uncle zebbo
                                                  Confirmed User
                                                  • Nov 2009
                                                  • 100

                                                  #124
                                                  Recieved just this morning - a nice email from Penthouse:

                                                  "Penthouse will be attending the 2019 AVN convention. We cordially invite you to a dinner hosted by us as a thank you for your continued support."

                                                  I replied "when you pay my overdue affiliate account" - bastards

                                                  Comment

                                                  • PSD
                                                    PornSiteDomains.com
                                                    • Oct 2002
                                                    • 1265

                                                    #125
                                                    Nothing, I filed proper claims for missing earnings before 1/11/18 (bankruptcy filing date) and for earnings from 1/11/18 to 6/15/18 ( bankruptcy to date company sold ). They have sent payments for some earnings for periods after 6/15/18. Would be nice to know when these claims were/are supposed to be paid to know whether they are late or not. They have not responded to multiple emails.
                                                    PornSiteDomains.com

                                                    Comment

                                                    • daviking
                                                      Confirmed User
                                                      • Apr 2007
                                                      • 290

                                                      #126
                                                      Did anyone receive payment yet from the bankruptcy case? I sent in my papers in time, but haven't heard anything yet.

                                                      Comment

                                                      • PSD
                                                        PornSiteDomains.com
                                                        • Oct 2002
                                                        • 1265

                                                        #127
                                                        No and I don't think we are likely to get paid. A copy of a motion filed with the bankruptcy court in January by the counsel of the bankruptcy trustee was mailed to me stating the debtors were "administratively insolvent" and requesting the case be changed from chapter 11 to chapter 7 which it eventually was in March. According to first link below, the trustee reportedly received $1.8 million to pay all claims and the claims exceeded that amount. Affiliate earnings were probably not as high on the priority list as others.

                                                        As you can see from second link below, there have been court filings related to this case since March but I am not familiar with them.

                                                        https://www.dailydac.com/from-pentho...ne-bankruptcy/
                                                        https://www.courtlistener.com/docket...&order_by=desc

                                                        Even though the new company that bought them, owners of xvideos.com, has no obligation to pay the debts of the bankrupt company, I followed up with them to see if in the interest of maintaining good affiliate relations going forward they would be willing to pay some or all of the monies owed from before and they said they were not willing to do so. The new company has paid me monies earned since they bought the company on June 15th 2018.
                                                        PornSiteDomains.com

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