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Here's a perfect example of Old Media missing the real story. This is from a WSJ article about Wal-Mart holding its analyst meeting in New York instead of Arkansas.

Coinciding with the two-day event is a dinner on Monday hosted by film moguls Bob Weinstein and Harvey Weinstein to honor Wal-Mart Chief Executive Lee Scott "for his commitment to environmental sustainability," according to an invitation for the event. Also slated to attend the event are 18 heavyweights of entertainment and finance, including Cablevision Systems Corp. CEO James Dolan, hedge-fund billionaire Paul Tudor Jones, Robert Wright, chairman of General Electric Co.'s NBC Universal unit, and television host Charlie Rose. The event is closed to the public, as is the rest of the two-day meeting.

The Eagles will perform at the dinner. Also performing during the meeting will be country singer Garth Brooks, a regular fixture at Wal-Mart events now that his CDs and DVDs are sold exclusively by the retailer.

The Eagles! You lead off with that. The rest of the story writes itself. The only question left is, who's selling out here, Wal-Mart or the Eagles.

Posted by edelfenbein at October 18, 2006 11:53 AM