Martha Stewart Living Omnimedia

The record

Compiled by the MrScandal desk from the documents below · Desk editor Gustavs Ērkšķis-Kreicbergs · Nov 9, 2026

Martha Stewart Living Omnimedia went public on October 22, 1999, selling 8,280,000 Class A shares at $18 each for net proceeds of $132.3 million, and reported its business in four segments: publishing, television, merchandising, and internet and direct commerce. Its founder resigned as chairman and chief executive after her June 2003 indictment but stayed on as a director and chief creative officer, and the company's 2003 revenue fell to $245.8 million from $295.0 million.

By March 2004 the company faced a consolidated securities class action on behalf of shareholders who bought stock in 2002, over statements about Stewart's ImClone sale, and four derivative suits naming it as nominal defendant. In 2006 Stewart settled the SEC's civil case without admitting or denying it, accepting a five-year bar from serving as a director of a public company.

In December 2011 the company signed a commercial agreement with J.C. Penney. Macy's sued in New York state court in January 2012, won a preliminary injunction limiting some of Penney's activities that July, and settled on December 31, 2013, on terms the company called not material. The company merged into Sequential Brands Group on December 4, 2015, and asked the New York Stock Exchange to delist its stock.

Roles and honours on the record

• 1999 Public company after an initial offering of Class A shares on October 22, 1999 source
• as of 2004 Media and merchandising company with Publishing, Television, Merchandising and Internet/Direct Commerce segments source
• as of 2014 Martha Stewart, Chief Creative Officer and Non-Executive Chairman of the Board source
• 2015 Merged into Sequential Brands Group, Inc., and delisted from the New York Stock Exchange source