Notices


Notice regarding change of fees for Genero Director Briefs
March 12, 2014

On March 12, 2014, Genero have introduced fees for Director Briefs. The Director Brief service is still free for clients to post their brief, and review the treatments which filmmakers submit. However, once a client selects a filmmaker to go ahead with their treatment and move into production, the client is required to pay the full budget which was stipulated when the brief was posted. Genero will hold on to the full budget amount at this point, and once the client is happy with the final delivery of the video by the filmmaker, only then will Genero release the filmmaker payment (calculated as the full budget posted by the client, minus Genero's transaction fee of 20%).

This transaction fee covers payments handling, marketing of our services to match high quality buyers and sellers, infrastructure, admin, etc.

While many digital product and content marketplaces charge transaction fees of 30% or higher (with some even reaching above 50%), Genero believes our transaction fee strikes a fair balance between covering the costs of our service and platform, and ensuring you're paid a fair price.

Notice regarding change of fees for Genero Marketplace
February 5, 2014

On March 5, 2014, the transaction fee for Genero Marketplace transactions will change from 15% to: 20% of the sale price or $150 - whichever is higher. (Note: the $150 minimum remains unchanged).

This transaction fee covers payments handling, marketing of your videos to find high quality buyers, infrastructure, administration, and other associated costs.

Any Marketplace offers or purchases made before this date will be treated with the current fee structure (15% or $150 - whichever is higher).

While many digital product and content marketplaces charge transaction fees of 30% or higher (with some even reaching above 50%), Genero believes our transaction fee strikes a fair balance between covering the costs of finding buyers for your amazing work along with associated infrastructure, and ensuring you're paid a fair price.

Feedback?