FMyLife Asks Developers To Split Revenue

Some people will complain about this turn of events, while others may claim that karma struck.  But regardless, developers who tried to make money off FMyLife (and the unfortunate people who tell their stories on the site) have been asked to fork over half their revenue from now on.

According to Jason Kincaid, FMyLife CEO Didier Guedj recently explained, “The Fmylife API was created to spread FML stories on the internet for free, in the spirit of sharing.  However, in recent months, several developers made a very big business by selling FML’s applications or by advertising on it.”

Geudj then continued, “This has led us to change our policy: 1) Access to the Fmylife API remains free for those using it for non-business purposes.  2) We will now ask that those who are using Fmylife for profit share their revenue at a fair 50/50.”

Certain developers may have to tighten their belts as a result.  Or it’s possible that the move will cause them to abandon FMyLife and find another site on which to focus.

By Doug Caverly

Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

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