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February 12, 2016 4:06 PM ET

Media

Company Overview of Martha Stewart Living Omnimedia, Inc.

Company Overview

Martha Stewart Living Omnimedia, Inc. develops and distributes media and lifestyle content. It offers books and utility applications. Additionally, the company provides television and video programming content. It markets products under Martha Stewart Living, Martha Stewart Weddings, Everyday Food, Martha Stewart’s Cooking School, and Martha Bakes brand names. The company was founded in 1996 and is based in New York, New York. Martha Stewart Living Omnimedia, Inc. operates as a subsidiary of Sequential Brands Group, Inc.

601 West 26th Street

New York, NY 10001

United States

Founded in 1996

260 Employees

Phone:

212-827-8000

Key Executives for Martha Stewart Living Omnimedia, Inc.

Chief Executive Officer and Director
Age: 50
Founder, Non-Executive Chairman and Chief Creative Officer
Age: 73
Editor-in-Chief and Vice President
Editor-In-Chief
Chief Financial Officer
Age: 56
Compensation as of Fiscal Year 2015.

Martha Stewart Living Omnimedia, Inc. Key Developments

Martha Stewart Living Omnimedia Inc. Amends and Restates Certificate of Incorporation and Bylaws

On December 4, 2015, SQBG Inc. (formerly known as Sequential Brands Group Inc.) (old sequential) and Martha Stewart Living Omnimedia Inc. (the company or MSLO), consummated the transactions contemplated by the agreement and plan of merger, dated as of June 22, 2015, as amended, by and among Sequential Brands Group Inc. (formerly known as Singer Madeline Holdings Inc.) (new sequential), Old Sequential, MSLO, Singer Merger Sub Inc. and Madeline Merger Sub Inc., as amended (the merger agreement). On December 4, 2015, in connection with the mergers, the company amended and restated its Certificate of Incorporation and Bylaws.

Martha Stewart Living Omnimedia, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Martha Stewart Living Omnimedia Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, total revenues were $17,460,000 against $29,611,000 a year ago. Operating loss was $1,279,000 against $14,850,000 a year ago. Loss before income taxes was $1,169,000 against $14,798,000 a year ago. Net loss was $1,479,000 against $11,065,000 a year ago. Loss per basic and diluted share was $0.03 against $0.19 a year ago. The anticipated decline was primarily due to the company's partnership with Meredith Corporation under which the company no longer recognize advertising and circulation revenue from Martha Stewart Living and only receive a share of digital revenues (in exchange for licensing out sales, printing, distribution and hosting costs) as well as lower Merchandising revenues. For the nine months, total revenues were $52,756,000 against $100,499,000 a year ago. Operating loss was $6,080,000 against $14,796,000 a year ago. Loss before income taxes was $5,913,000 against $15,309,000 a year ago. Net loss was $6,798,000 against $11,901,000 a year ago. Loss per basic and diluted share was $0.12 against $0.21 a year ago.

Martha Stewart Living Omnimedia Inc., Special/Extraordinary Shareholders Meeting, Dec 02, 2015

Martha Stewart Living Omnimedia Inc., Special/Extraordinary Shareholders Meeting, Dec 02, 2015.

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