Mike Arrington posted about Glam Media’s new extended payment period today at TechCrunch. It seems that Glam is extending it’s terms from 60 or 90 to 120 days.

According to Glam Media: “to better prepare for the current financial situation, Glam anticipates a significant slow down in collection payments from advertisers. Therefore we will need to align the expected timing of payments from advertisers with the payments we make to our publishers.”