Martha Stewart’s company is doomed

Now you can draw your own conclusions on who came cheap in the arrangement between Dream Dinners and Martha.

Now truth be known, I like Martha and I think she’s caught some bad breaks, but we may be looking at two lost souls doing whatever they can to hold onto their past glories… 

The hard truth is that demand for Martha Stewart in all forms — magazines, books, TV shows, Web sites and merchandise — has passed its peak.

In one of the least surprising executive moves of the year, Martha Stewart Living Omnimedia on June 11 announced the resignation of its CEO, Susan Lyne. Lyne, a respected media veteran who launched Premiere magazine and had a successful career at ABC television, took over the company in 2005 after Martha had legal problems.

Martha Stewart’s company is doomed

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