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Martha Stewart Is Living No More! As In, She's Selling Her Martha Stewart Living Company For Mad Bank!

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The lord giveth, and the lord taketh away.

In news we never expected to hear, it was announced on Monday that Martha Stewart was killing her living line.

The 73-year-old is reportedly set to sell her Martha Stewart Living Omnimedia company for a staggering $353 million!

[ Related: Martha Reviews Blake Lively & Gwyneth Paltrow's Brands! ]

Her business has been around since 1997, but she's apparently handing it over to Sequential Brands Group now that her stock has fallen.

But don't expect to see any less of the lifestyle guru — she's selling her brand, but she's still going to be chief creative officer and a shareholder.

Make that money, Martha!

[Image via Ivan Nikolov/WENN.]

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Never Cross Martha Stewart! Throws Some EPIC Shade At Gwyneth Paltrow In This Month's Martha Stewart Living!

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Martha Stewart's not shy about her criticism against Gwyneth Paltrow and her lifestyle website, Goop.

She was SUPER harsh when she spoke out against the actress and told her to 'stick to acting,' but it looks like that wasn't the only diss she had in store for Gwynnie.

In this month's Martha Stewart Living, there is a section dedicated to pies for the Thanksgiving holiday!

[ Related: Martha Stewart Says Gwyneth Paltrow Should Stick To Acting! ]

Well, the article is titled Conscious Coupling and focuses on which two flavors 'bring out the best' in each other.

AKA a pretty big dig at Gwyneth's infamous divorce announcement!

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Martha Fires Employee For Catty Comment

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A now former employee of Martha Stewart was recently given the pink slip for a comment he made about working for the head bitch of crafts.

Eddie Ross was quoted in the Times Business Day on what a typical shoot was like for Martha Stewart Living. Ross said there were "meetings about Pantone chip colors and meetings about meetings. It was just crazy, because who lives like this, in a $300,000 room I put together? I'm sorry, but I can't relate to a $40,000 mirrored coffee table."

The day the story ran, Eddie was suppose to be hosting a radio show on Martha's Sirius Radio channel but 2 hours before they went live he was given the boot.

Stewart's people declined to comment on the situation, but one source did say Martha wasn't responsible for the decision.

What's ironic is that even though Ross was fired for speaking to the press about Martha he's still talking about it!

After being let go Eddie didn't want to discuss the matter, but did say he doesn't regret giving the quote because it was the truth.


[Image via Ivan Nikolov/WENN.]

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