Cutting Edge Offers ClosesWritten by Pace Lattin
November 28, 2012 # 1:36 pm # Industry News, Specials # 26 Comments
Cutting Edge Offers, the CPA Network once known as the BizOpp Network, has announced their closing effective immediately. This comes several months after the firing of several key employees who had been with the company for years, in some cases for over a decade. The company has faced great difficulty with the changes in the BizOpp space, making it harder to push legitimate offers. Additionally, just this past year, their CEO Peter Wilson stepped down, leaving a gap in leadership.
Their parent company, Cutting Edge Media is over 20 years old, and has been a major part of the online and offline lead generation industry, and helped create the lead generation business as we know it. Their founder Phil Longenecker, died in an unfortunate car crash in 2009.
The official release from Cutting Edge Offers follows:
We regret to inform you that Cutting Edge offers, a division of Cutting Edge Media Inc. , will be closing its affiliate network effective immediately. This is not an easy decision for us. We have been in the performance marketing industry since its inception and our proud of our years of service.
The environment of the marketplace has changed considerably over the past two years, and as many other networks have learned, remaining profitable has become more and more challenging.
We are very appreciative of our many loyal employees and customers and this decision is in no way a reflection of them.
Today’s announcement reflects Cutting Edge Media’s commitment to focus our resources on the remaining parts of our business.