As reported on April 3, 2008, Martha Stewart Living Omnimedia, Inc. has completed the acquisition of Chef Emeril Lagasse's media and merchandising business. Lagasse retains his restaurant and foundation-related assets.The deal, which was first announced in February 2008, brings together one of the biggest brands in food-related content with MSLO's well-established expertise in the lifestyle arena. The closing of the deal was announced today on the Emmy-winning daily, nationally syndicated television series, The Martha Stewart Show ...
The purchase price was $50 million, $45 in cash and $5 million in stock, at closing, and could reach up to $70 million if certain performance targets are realized in 2011 and 2012.
In a face-off between Martha Stewart and Oprah Winfrey, I'll bet that Martha has gained some ground with this recent acquisition. In a September 2007 money face-off poll, it was voted Oprah over Martha 73% to 27% of votes. Is Martha secretly playing catch-up with Oprah?
Who Is Martha Stewart?
Martha Stewart (born as Martha Helen Kostyra on August 3, 1941) is an American business magnate, author, editor and homemaking advocate. She is also a former stockbroker and fashion model. Over the last two decades Stewart has held a prominent position in the American publishing industry; as the author of several books, hundreds of articles on the domestic arts, editor of a national homekeeping magazine, host for two popular daytime television programs, and commercial spokeswoman for K-Mart. In 2001 she was named the third most powerful woman in America by Ladies Home Journal.
What is Martha Stewart Doing for TV Show Ideas?
Martha Stewart is Reading MY Lenses ! Have you been watching Martha Stewart's TV Show lately? Well, I have and I've thought for quite some time that she's obviously reading Squidoo lenses for ideas to feature on her TV show! Some of you might say it's just a coincidence, but I don't know about that! Maybe Martha Stewart is just on the same wave length as me? Or, better yet ... she and her staff have recognized the topicability of Squidoo lenses? Hey, Monkeybrain, is topicability a word?
What does Martha LOVE to Bake? C-O-O-K-I-E ?
Though cookies have been around in some form since the 7th century AD (read their long history), they don't last very long on the kitchen counter... or at least the best ones don't. This lens serves up the secrets to creating the disappearing Martha's Cookies.
Why did Martha Break-up with Sherwin Williams?
Martha Stewart and Sherwin Williams parted ways in January of 2007. The Martha Stewart Signature Color collection at Sherwin Williams was without a doubt one of the best color collections ever. An official Martha Stewart Colors "fandeck" was never issued so these sets of
chips are extraordinarily unusual and rare.
What about that NEW Man in Martha's Life? E-M-E-R-I-L ...
Emeril John Lagasse (born October 15 1959) is an American celebrity chef, restaurateur, television personality, and cookbook author. A regional James Beard Award winner, he is perhaps most notable for his Food Network shows Emeril Live and Essence of Emeril as well as catchphrases such as "kick it up a notch" and "BAM!" He is a 1978 graduate of Johnson & Wales University's College of Culinary Arts. The "Emeril Empire" of media, products and restaurants generates an estimated USD$150 million annually in revenue.
I love watching this man cook. You can keep the "BAM!"- just give me a plate of that food. He's got a great balance of love and skill in every dish he produces.
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