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December 3, 2012
06:04 EDTMSOMartha Stewart in discussions to sell 'Whole Living' for $2.5M, WSJ reports
Martha Stewart Living Omnimedia (MSO) is in talks to sell its Whole Living magazine to former executives of Hachette Filipacchi for about $2.5M, reports the Wall Street Journal, citing a person familiar with the matter. Reference Link
News For MSO From The Last 14 Days
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October 16, 2014
16:30 EDTMSOOn The Fly: Closing Wrap
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October 15, 2014
18:26 EDTMSOOn The Fly: After Hours Movers
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16:38 EDTMSOMartha Stewart up nearly 15% following licensing deal with Meredith Corp.
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16:07 EDTMSOMeredith secures rights to license Martha Stewart Living Magazine, website
Meredith Corporation (MDP) announced that it has entered into an agreement with Martha Stewart Living Omnimedia (MSO) to acquire the rights to Martha Stewart Living and pursuant to a 10-year licensing agreement. Under the terms of the agreement, Meredith will lead sales and marketing, circulation, production, and other non-editorial functions of Martha Stewart Living and Martha Stewart Weddings magazines. Martha Stewart Living Omnimedia's editorial team will continue to create its highly regarded content. Additionally, Meredith will assume responsibility for the sales and marketing of and and its related assets, including its vast video library. The agreement, which applies to the United States and Canada, is effective November 1. The agreement will not have a material effect on Meredith's FY15 Q2 financial performance, but will be accretive to Meredith's earnings for the second half of fiscal 2015 and in FY16.

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