Themestream Ceased Operations
Themestream.com, an e-publisher known for paying writers per click for articles posted to its Web site, ceased operations on April 13, 2001. In a report e-mailed to contributors to the portal, Themestream says it's unable to pay contributors for submissions. The letter also explains that the e-publisher ceased all business operations, but continues negotiating with creditors to sell remaining assets. Themestream advised writers to keep records of online articles should the opportunity and funds needed for payment retribution settle.
Themestream defined itself as a content resource for users interested in nonfiction advice, articles and columns on a wide array of subjects and issues. Advertising and e-commerce deals were not enough to fuel the site's expensive pay policy, which paid writers 10 cents per hit. Themestream reduced payment rate to two cents before folding.