sector: Cyclical Consumer Goods & Services ·
industry: Publishing ·
As of
25 Nov 2009
4.70USD
Martha Stewart Living Omnimedia, Inc. is an integrated media and merchandising company providing consumers with content and products. The Company operates in four business segments: Publishing, Internet, Broadcasting and Merchandising. The media and merchandise encompasses eight areas: cooking and entertaining, holidays, crafts, home, whole living, weddings, organizing and gardening. During the year ended December 31, 2008, the Company announced a multi-year agreement with HarperStudio to publish 10 Emeril Lagasse branded books.
BRIEF: For the six months ended 30 June 2009, Martha Stewart Living Omnimedia, Inc.'s revenues decreased 26% to $107.4M. Net loss totaled $23.2M, up from $3.9M. Revenues reflect lower income from the Merchandising segment and decreased income from publishing segment. Higher loss also reflects an increase in depreciation & amortization expenses, the presence of impairment charges and the presence of interest expenses, net vs. an income.
Martha Stewart Living Omnimedia Inc
11 West 42nd Street
New York NY 10036
P: +1212.8278000
F: +1212.8278204