How would you feel if your employer didn’t pay you at the end of the month?
Outraged? Furious? Seeking legal action? 😡
Since the start of February, 4 big influencer marketing agencies have gone into liquidation, leaving major influencers and celebrities across the country unpaid for their work.
This is the start of a much wider problem and causes major reputational issues for brands who need to do better due diligence when selecting an agency partner to work with. These are major multi million if not billion-pound companies using agencies who are unable to deliver on their promises and pay their suppliers.
At Connect Management we are taking a stand to protect our talent. Any agency’s that would like to procure our talents for campaigns will be met with a request for payment upfront from this point onwards. We want to ensure that our talent are protected against the unfair practices of this industry. We are asking that all talent agents work to the same practices, if we work to shift the industry standard, we will have power in numbers and be able to put a stop to giving credit to these agency’s. They need us to survive!
Talent are real people, with families to support and bills to pay. They have responsibilities just like you and I and the stress of not being paid for work you have delivered should not be something that acts as a burden on them.
You wouldn’t book a TV/Radio slot, print ad or billboard without paying for your services, so why should the influencer landscape be any different.
Do you think that brands should be picking up the pieces and covering the shortfall for these creators so they are paid for their work that’s been delivered? Or do we think it is fair that the brands are not being held accountable for working with partners that are not capable of delivering on the job that they are offering.
We are championing the industry and request that if you are a talent agent reading this post you comment, share and like to spread the word that we shall not back down against these unfair practices.
#bankrupt #liquidation #influencermarketing #agencies #creators #creatoreconomy
🌺 Content Creator and Influencer: Comedy, Food, LGBTQ, Lifestyle | 💻 UX Engineer for Design Systems | Instagram and TikTok: @RVxMendoza | 📍Detroit
8moMore info! Turns out this might actually affect exclusivity in brand deals! https://venustaslaw.com/blogs/blog/how-the-ftcs-non-compete-ban-impacts-brand-deals-a-look-at-both-sides