Thursday, April 10, 2008

Putting Your Eggs In One Basket

Remember how I was recently pontificating about the need to not have too much of your revenue tied up in one client? Well there's a dust-up going on right now, involving a company who was doing a large percentage of their work with Walmart. Check out the story here.

Lots of ethical dilemmas here. Technically, the production company owns the footage they shot for Walmart, and can do whatever they want with it, including selling it to the highest bidder. But I can't imagine anyone ever hiring them again, not without a specific ownership clause in their contract. But who know...maybe the owners of the production company are looking for multimillion dollar buyout from Walmart, and then planning on shutting down and heading to an island somewhere and living the good life.

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