NEW YORK, Feb. 5 /PRNewswire-FirstCall/ -- Martha Stewart Living
Omnimedia, Inc. (NYSE: MSO) today announced that its Board of Directors has
elected Arlen Kantarian as a member of the Board of Directors. He will replace
Rick Boyko, who is stepping down. Mr. Boyko has served on the Board since June
2004.
Mr. Kantarian is an innovative marketing and entertainment executive who
was most recently the CEO of the United States Tennis Association's (USTA)
Professional Tennis operation, which includes the US Open, the U.S. Davis Cup
and Olympic teams, and the USTA National Tennis Center. During his nine-year
tenure, US Open revenues nearly doubled, and the US Open became the largest
annually attended event in the world. In 2008, Mr. Kantarian was named to
BusinessWeek's "Top 100 Most Influential People in Sports." Prior to joining
the USTA, Mr. Kantarian was President and CEO of Radio City Entertainment
where he tripled the company's earnings, making it the nation's No. 1 live
entertainment company. Previously, he was Vice President of Marketing for the
National Football League, and held senior-level marketing positions at
Pepsi-Cola and Colgate-Palmolive.
MSLO Executive Chairman Charles Koppelman stated: "I am pleased to welcome
Arlen as the newest member of our Board. Arlen's deep understanding of
powerful brands and his track record in marketing them will be tremendous
assets to MSLO. I am grateful to Rick Boyko for his many contributions during
his years of service to our company."
"I'm delighted to be joining MSLO's Board of Directors. This is a great
company with great strengths and I look forward to working with Martha,
Charles and an exceptionally accomplished team as we explore new opportunities
to build on the company's successes and grow its valuable brands," said Mr.
Kantarian.
About Martha Stewart Living Omnimedia, Inc.
Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) is a diversified media
and merchandising company, inspiring and engaging consumers with unique
lifestyle content and distinctive products. The Publishing segment encompasses
four magazines, including the company's flagship publication, Martha Stewart
Living, periodic special issues and books. The marthastewart.com website
provides consumers with instant access to MSLO's multimedia library, search
and find capabilities, recipes, online workshops, community and
personalization, as well as wedding-planning tools powered by WeddingWire. The
Broadcasting segment produces such programming as the Emmy-winning daily,
nationally syndicated television series, "The Martha Stewart Show," and Martha
Stewart Living Radio on SIRIUS channel 112 and XM Radio 157. In addition to
its media properties, MSLO offers high-quality Martha Stewart products through
licensing agreements with carefully selected companies, including the Martha
Stewart Collection exclusively at Macy's, Martha Stewart Everyday at Kmart,
Martha Stewart Crafts with EK Success at Wal-Mart, Michaels and independent
retailers, Martha Stewart for 1-800-FLOWERS.COM and a co-branded food line
with Costco. In April 2008, Emeril Lagasse joined the Martha Stewart family of
brands; MSLO acquired the assets related to Lagasse's media and merchandising
business, including television programming, cookbooks, and emerils.com website
and his licensed kitchen and food products. For additional information about
MSLO, visit www.marthastewart.com.
SOURCE Martha Stewart Living Omnimedia, Inc.
CONTACT: Media: Elizabeth Estroff, SVP, Corporate Communications,
Martha
Stewart Living Omnimedia, Inc.,
+1-212-827-8281, eestroff@marthastewart.com/
Web Site: http://www.marthastewart.com /
(MSO)
