Directors at Martha Stewart Living Omnimedia said today that they have elected Martha Stewart to the board. She’s able to join now due to the expiration of a deal that she struck with the SEC in 2006 to settle a case involving securities fraud and obstruction of justice charges. Stewart had agreed not to manage or sit on the board of a publicly traded company for five years. The move had been expected since May, when the company hired Oxygen Media co-founder Lisa Gersh as president and chief operating officer and retained Blackstone Advisory Partners to explore opportunities for the company that some have speculated could include a sale. MSLO has struggled in its TV business and is looking to boost its digital and publishing initiatives.
Martha Stewart Returns To MSLO Board
What's Hot on Deadline
'Tomorrowland' Bows Overseas With $26.7M, 'Ultron' Dominates With $45.8M, 'Mad Max' Adds $38.2M, 'Spy' Nabs $12.5M
TLC "Deeply Saddened" As It Pulls All Episodes of '19 Kids And Counting' In Wake Of Child Molestation Allegations - Update
Cannes Winners: The French Did Well, The Italians Didn't - But Who's Complaining After Cinema's World Cup?
Hot Cannes 'Circle' Package Imperiled As Alicia Vikander In Talks To Star In 'Assassin's Creed', New 'Bourne' Film
Latest TV News
- Netflix Rumored To Want Gerard Depardieu For French ‘House Of Cards’
- Anne Meara Dies; Actress, Comedian Of Stiller Family Was 85
- Marty Pasetta Dies: Longtime Director Of Academy Awards Telecasts Was 82
- ‘X-Factor’ Producers Hit With $2M Lawsuit By Contestant; Says Performance Was “Altered”
- Showrunner Jennie Snyder Urman On Almost Passing On ‘Jane The Virgin’, Pace, Title Change & How Will It End
- ‘Fuller’ Brush-Off: Olsens Won’t Head Home For ‘Full House’ Sequel