Big Bucks for Bam!

If you're still feeling sorry for Emeril Lagasse because he lost his prime time TV gig at the Food Network, don't. Publicly traded Martha Stewart Living Omnimedia, Inc. will pay Lagasse a cool $50 million for, in the company's words, “the assets related to the business of Emeril Lagasse, other than the restaurant and foundation-related assets, in a transaction that pairs one of the biggest brands in food-related content with the established leader in ‘how-to’ lifestyle information and content

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TAGS: People