Is velmedia.net Safe?

There is no secret that there are ads on this site. Just click on the "X" in the ad box and the ad will go away. At the site the web master warns that there are pop-up ads and apologizes for them, but they also advise that these ads are sent from the site from which the movie or TV show originates and they have no control over those ads. It also warns of that Megavideo site, the site that causes the video to come to a complete halt after 72 minutes of viewing videos that originate from their site while asking viewers to wait 54 minutes before they can resume the video or to purchase a membership in order to view the rest of the video. Project - Free TV warns viewers that purchasing a membership with the Megavideo people will not allow them to view the remainder of the video; and they show how to get around purchasing the bogus membership and they also give directions for the viewer for what to do and how to continue viewing the rest of whatever was playing before Megavideo stopped the movie at 72 minutes. So it appears that Megavideo is the site that needs to be reported as a SCAM site.