Martha Stewart Living has been battered by the troubles that have afflicted many media companies, as readers and viewers shift to other titles. It has been sold for a fraction of its former value.
The empire that Martha Stewart built on fondant layer cakes, satin bows and fluffy chive-blossom flower arrangements is poised to find a new home. Martha Stewart Living Omnimedia is close to selling itself to Sequential Brands Group, an acquisitive retail-licensing company, according to people familiar with the matter. Such a move would mark the end of an independent publishing and housewares conglomerate that grew out of Stewart’s knack for decorating, cooking and gardening — a company now worth a fraction of what it once was.
Anthony Bourdain, Ina Garten and Martha Stewart remain the names to beat in food broadcasting. For a second year running, the three dominated the top tier of television awards from the James Beard Foundation, winning for the same shows in the same categories as in 2014. In fact, Bourdain made his a three-year streak, taking […]