Skip to main content

Will Martha Stewart Taking a Pay Cut Get Her Empire Out of The Red?


MVN-001038



It's hard out there for a media mogul. In a move said to return Martha Stewart Living Omnimedia to profitability, Martha Stewart and the media empire's board of directors have mutually agreed to reduce her pay.

Scroll to Continue

Recommended Articles

According to a regulatory filing, Stewart's new salary is $1.8 million per year, down $200,000 from the $2M annually she'd been receiving since 2009. The licensing fee she receives for her brand was also cut down to $1.7 million, shaving off $300,000.  Stewart's long-running daytime talk show was cancelled by Hallmark Channel in 2012.



Photo by PR Photos

DAYTIME CONFIDENTIAL ON: TWITTER | FACEBOOK | INSTAGRAM