Thursday, April 10, 2008

Wal-Mart: The high cost of being cheap bastards

After three decades as Wal-Mart's official videographers Flagler Productions were dropped by the retail giant in 2006. Wal-Mart was 95% of the company's business and the loss of the contract nearly forced them under.

But Flagler had never had a formal agreement with Wal-Mart since they began filming for them back in the 1970's. The same lack of a formal agreement that allowed Wal-Mart to end their business relationship so suddenly, also left Flagler in possession of thousands of hours of footage. Corporate events, training videos, board meetings, all remain the possession of Flagler and when Wal-Mart compounded injury with insult with a low-ball offer of $500,000 for the decades of archive footage Flagler instead put the collection on the open market.

Their most avid customers have been trade unions, journalists and plaintiffs filing lawsuits against Wal-Mart.

Many current and former Telus employees will be thinking of the Telus Idol controversy and having a good laugh.

1 comment:

Go Nanaimo said...

This story should be a warning to anyone doing business with the predatory vultures at Wal-Mart. They suck communities dry in their race to the bottom.

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