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It isn't too good to be true; we definitely pay for lists every day. However, it is true that we are rather picky about what we'll accept, so read the site and the author guides before starting to write. Cheers!

Hey guys, Listverse staff person here. This thread looks pretty well dead, but we do get questions about this from time to time, so we thought we should clarify that the clause in question (concerning whether LV owns submitted content without paying for it) was quickly removed from our terms...