AS2: Basic EventHandling

programming flash
1

Ok, this is basic stuff: listening to an event dispatched from a loaded swf. What am I doing wrong?

Container.swf has the following code:

import mx.events.EventDispatcher;
EventDispatcher.initialize(this);

function runFunctionAfterEvent() {
    trace("Yes, I hear ya")
}

var tar:MovieClip = this.createEmptyMovieClip("mcHolder", this.getNextHighestDepth());
tar.loadMovie("loadedSwf.swf");

addEventListener("THE_EVENT_NAME", runFunctionAfterEvent);

Loaded.swf contains the following code

import mx.events.EventDispatcher;
EventDispatcher.initialize(this);

function sendOffAnEvent() {
    dispatchEvent({type:'THE_EVENT_NAME'});
}

setTimeout(sendOffAnEvent, 1000);

Thanks

PS, “disclaimer”: I originally posted this on actionscript.org but didn’t get a proper reply. Hope I’m not pissing off anyone by reposting here.