I want to share an email that was just sent to me by my Domain Sponsor account manager, Stephanie Starkman. The company is making some changes to its payment schedule and wire transfer threshold, and the changes may impact some of the company’s clients.
If you have any questions about the announcement, reach out to your Domain Sponsor / Rook Media account manager for more information:
I’m writing to inform you of some upcoming changes to the way DomainSponsor and Rook Media pay out monthly parking earnings.
Until now, both platforms have had independent payout schedules. In March 2016, we will harmonize both platforms’ schedules to bring them in line with industry standards.
What this means:
– DomainSponsor payments will move from Net 7 to Net 15. Starting in March, they will be paid on March 15 instead of March 7.
– Rook Media payments will move from Net 30 to Net 15. Starting in March, they will be paid on March 15 instead of March 30.
– DomainSponsor Wire thresholds will come down from $1,000 to $200, enabling more frequent wire payments.