High price for Wal-Mart videos
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Wal-Mart Stores Inc. said a video-production company named a price tag of $145 million for a library of almost 30 years of company events and meetings.
Wal-Mart offered to pay $500,000 for about 15,000 videos, prompting the much-higher counteroffer from Flagler Productions Inc., according to an Oct. 26, 2007, letter posted on the retailer’s website. Wal-Mart didn’t buy the tapes.
Flagler is now selling access to the footage it made for the Bentonville, Ark.-based retailer, the Wall Street Journal reported.
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