Eugene David
...The One-Minute Pundit

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THE NEWS HACK'S CREED:
I know more than you.
I make lots more money than you.
I'm smarter than you.
I'm sexier than you.
I appear on TV all the time.
I work ten minutes a day.
I rule the universe.
I'm going to live forever.
You are an idiot.

THE NEWS HACK'S CREED, No. 2:
A lie isn't a lie when it tells THE TRUTH.

THE NEWS HACK'S CREED, No. 3:
I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
--JOHN "OMERTA" CARROLL.

THE NEWS HACK'S CREED, No. 4:
News isn't news when we don't report it.

PERMALINKS:

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Wednesday, July 29, 2009

Posted 8:27 AM by Gene

Last night we were idly wondering what DVDs to buy next when we discovered Big Lots is helping PEOPLE WARNER dump its box sets. Most of them were HB junk but Looney Tunes Golden Collection sets 1 through 5 inclusive at $10 is enough to make one angry at paying $170 bucks for the same thing. Our nearest Big Lots is ten miles away and half the comments in chat boards said the typical store was out or overrun with eBay scorpions. (Or you had to drive to eight stores to find them. How much does that save?) Its Web site is also down. (Thank YOU!) We did snag a Popeye Vol. 1 for $8 from an Amazon.com merchant (including shipping), and we still felt lousy.

Big Lots might help explain why PEOPLE WARNER's revenues are down. (But the per-share earnings were way up based on the fairy-ta...sales...ANALYSTS' estimates, so the stock's up $50 today.)

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