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June 20, 2019

How does the payment work?

Whether you’re listing or hiring an asset or property, making sure the payment side is secure and simple is essential. That’s where we come in.

When you both agree to a hire, the hirer must pay the full fee into the My Media Marketplace Trust Account. These funds are held securely until the hire is complete and are fully refundable if the booking does not proceed. The hirer must provide 48 hrs notice in writing to receive the full refund. If they do not do so, a 25% cancellation fee will apply.

At the end of the hire, the lister must notify us. We will then pay the fee into their designated account within 14 days, less a 20% service fee.

If the Producers wish to extend the hire in any way, this will of course attract an additional fee, one you will agree to with the hirer before the service is provided.
The Lister must notify us and we will ensure the hirer immediately pays the additional fees into the My Media Marketplace Trust Account. The payment for these additional services will be included in the final payment made to you within 14 days of the end of the hire, less the 20% service fee.

Remember, when you list:

  • YOU list as many times as you wish for FREE,
  • YOU negotiate the fee with the hirer and…
  • YOU are securely paid via the My Media Marketplace Trust Account.

For an owner, it’s a great way to make money on a property or assets and have the excitement of seeing it appear in a film or TV production.

For a producer, it’s a simple, secure and easy way to find the best assets for your next production.

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