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Old 02-20-2008, 12:12 AM   Martha Stewart Buys Emeril's Property Post #1 (permalink)
texasmesquite
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Martha Stewart Buys Emeril's Property
NEW YORK (Reuters) - Martha Stewart Living Omnimedia Inc (MSO.N: Quote, Profile, Research) is to acquire the media and licensed properties of TV chef Emeril Lagasse for around $50 million in cash and stock, the Wall Street Journal reported on Tuesday.
The Journal said Martha Stewart Living will acquire the rights to television programs such as "The Essence of Emeril" and "Emeril Live" which show on the Food Network as well as a dozen cookbooks and other media-related properties.
Martha Stewart Living Omnimedia was not immediately available for comment.
(Reporting by Yinka Adegoke; editing by Sue Thomas)
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Old 02-20-2008, 08:11 AM   Martha Stewart Buys Emeril's Property Post #2 (permalink)
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Good move on her part. I am sure she has an ultimate goal in what she will eventually achieve. More power to her. She will just need to make some adjustments to consolidate it with her other acquisitions and assets.
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Old 02-21-2008, 12:16 AM   Martha Stewart Buys Emeril's Property Post #3 (permalink)
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Wouldn't it be great if Martha started another cooking network? I know I would enjoy having more variety in the cooking shows.
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