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Emeril Lagasse

Martha Stewart on Buying Rights to Emeril Lagasse Franchise

This is a rush transcript from "Your World with Neil Cavuto," February 19, 2008. This copy may not be in its final form and may be updated.NEIL CAVUTO, HOST: Bam. Shares of Martha Stewart Living surging 70 percent. The company is snapping up most of the Emeril Lagasse empire for $45 million, plus $5 million in stock. Now, that deal includes TV shows, cookbooks, and kitchen products.So, what is Martha Stewart really up to? Well, we thought we would ask her. She joins us now in this exclusive chat.Now, we should point out, the profits at Martha Stewart Living more than doubling in the latest quarter, still shy of estimates. You know that Wall Street thing. Revenues were up 22 percent.Martha, good to have you.MARTHA STEWART, FOUNDER, MARTHA STEWART LIVING OMNIMEDIA: Yes, it is so great to be here.CAVUTO: Man, oh, man. You know, I was at a mall recently, not an experience I treasure, having nothing to do with how you have made this an iconic event for people. You are everywhere.STEWART: Go...

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