No, YTB is not out of business (yet), but their business in California, their number 1 state, is severely curtailed.
Here is a list of some changes (in no particular order) YTB has made or will make as a direct result of the California investigation, lawsuit, and ultimate settlement.
- Eliminated program where purchase of website (total of 4 and one could be your own) can make you eligible for additional Rep bonuses
- Eliminate program where successful Rep gets his/her own website fees refunded
- Required to give all Reps demonstration website that must be used to recruit (not their own website)
- Eliminated Certified RTA program where if Rep pays for certification, he/she gets paid for travel sold by his/her Power Team recruits
- Eliminate travel discounts from advertising as benefit of owning website
- Eliminate travel credentials
- Franchise regulation which requires disclosures, 14-day cooling period before sign-up, etc.
- Eliminated Two Fly Free program b/c violation of CA Travel Discount Program law
- Eliminate tax deductions from advertising
- Income disclosures required for website owners (with median numbers, not "averages")
- Income disclosures required for Reps (with median numbers)
- Cost disclosures
- Additional miscellaneous disclosures, including clear explanation of how commissions work
- YTB's ban of Rep websites/marketing materials (December 15th anyone)
- Clear and complete separation of marketing for the website and Rep opportunities, including presentations and marketing materials
- Make cancellation easier
- Limitations on Rep income
- Oversight and monitoring by AG's office