|
|
 |
 |
 |
 |
   |
MARTHA STEWART: ON HER OWNIS IT A GOOD THING? AFTER months of negotiations, Martha Stewart has claimed control of her minimedia empire from Time Inc., which began launching her successful Martha Stewart Living magazine and other Martha-themed products in 1991. Financial terms were not disclosed, and Time is retaining a minority interest in the company. ''She wanted more control over the business, the freedom to expand more aggressively,'' says a Time Inc. spokesman. ''We received a fair price for our interest.''
EDITED BY THANE PETERSON
|
Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use