Latest in Martha Stewart Living Omnimedia

A lot of Martha Stewart Living Omnimedia investors believe that they were shortchanged by the $353 million price the company negotiated to sell itself to Sequential Brands. Several law firms are exploring the possibility of filing suits on their behalf. But Martha Stewert has no reason to complain based on the sweet…

Martha Stewart signed a “long term commitment” to remain as Chief Creative Officer of her media and merchandising properties, according to the agreement announced this morning to sell her company to Sequential Brands Group. The domestic diva also will be a “significant shareholder” and board member of a new public…

Sequential Brands Group is nearing a deal to buy Martha Stewart’s long struggling publishing, Internet, broadcast, and merchandising company, the Wall Street Journal reports. That provided a 26.7% jolt to Martha Stewart Living Omnimedia shares, bringing its market value to nearly $365 million. Sequential owns…

Five years ago stock of Martha Stewart Living Ominmedia traded at around $36 a share and founder Martha Stewart‘s TV shows were all over first-run and syndication. Today shares are trading at $2.40 after the company’s board of directors announced that Daniel Dienst has been named CEO to spearhead the strategy of…

UPDATED: Shares fell as much as 9.7% in early trading after Martha Stewart Living Omnimedia said that Lisa Gersh — who just became CEO of the domestic diva’s media company in July — “plans to step down from that role” as directors begin to search for a successor. The former Oxygen Media exec had been president and…

Martha Stewart Living Omnimedia is reducing the publication of two of its magazines and laying off about 70 workers as it deals with declining advertising and circulation. The news comes ahead of the media company’s Friday morning quarterly earnings call, which had been rescheduled because of Hurricane Sandy. The…

FremantleMedia Enterprises and Martha Stewart Living Omnimedia have entered a first-look agreement to develop television and digital video programming featuring the next generation of lifestyle talent across food, fashion, home, gardening and more, which will be produced under the Martha Stewart banner. MSLO has no…

NEW YORK, May 23, 2012 — Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) today announced that Martha Stewart, Founder of MSLO, has been elected Non-Executive Chairman of the Board. Ms. Stewart rejoined the Board in September and now succeeds Charles Koppelman as Non-Executive Chairman. Related: Martha Stewart Returns…

The trading day ended with a thud. The benchmark Standard & Poor’s 500 wound up -2.1% as word spread that Germany might balk at a proposal to help bail out debt-laden members of the European Union including Greece and Portugal. That affected media stocks; the Dow Jones U.S. Media Index fell 3%. Disney was the hardest…

Martha Stewart Living Omnimedia reported today reported third-quarter revenue of $52.2 million, up from $49.7 million a year ago, as publishing declines offset higher merchandising revenue. A decline in print ad pages led to the publishing dip, though digital advertising grew by 17%. In the broadcast unit, revenue was…

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…

Media stocks suffered along with just about everyone else today after the Federal Reserve stirred recession fears by reporting “significant downside risks to the economic outlook” — and World Bank President Robert Zoellick warned that global economies are in a "danger zone." The Dow Jones U.S. Media Index fell 3.9%…