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If you want to do a subscriber deal by paying for each subscriber that is sent to you. This is best set up yourself and joint venture with another website. This means you can customize it yourself. Or you could leave it open to everyone and have many people sending you subscribers. I don't know of any websites that provide software for this, so you may have to get a programmer to do it for you.
Please be careful though. You CAN have anyone and everyone promote your newsletter and generate you subscribers, however if you allow this, it will be easier and easier to lose track of genuine and fraudulent subscriptions, making it hard to distinguish between them.
Make sure you have a good email handling solution.
I would recommend that you don't automate this process unless you are feeling brave.
Verify each request personally and manually.
Or you could go out looking yourself.
This is probably
best way to go, it gives you total control and allows you to pick and choose exactly who you want and who you don't want.
However, if you are feeling brave, or you have a good email handling solution then go ahead and spread
word about your newsletter subscription box. Let everyone promote it. This means more subscribers for you, which means more people to sell to.
In conclusion, if you want to advertise in this way, make sure you keep a tight grip on your budget. Put some restrictions on how much you can spend so you don't go overboard.
Overture allows you to deposit as much or as little as you like (Though a minimum deposit of $20 does apply). This way you can't overspend unless you manually choose to.
But, this brings on
issue of self control. Set yourself a personally limit and don't exceed it.

Stephen Warren, the creator and webmaster of http://www.marketershandbook.com , a completely free business and marketing resource which anyone may use.