Martha Stewart Omnimedia Shuts Down 'Whole Living'

"Whole Living, the 10-times-a-year spiritual/lifestyle magazine owned by Martha Stewart Living Omnimedia since August 2004, folded on Dec. 6," according to Steve Cohn.  Open Gate Capital had been in negotiations to buy the title, but decided against it because "the business was losing too much cash and need[ed] a lot more to operate as a going concern," according to CEO Andrew Nikou. The pub's final issue will be January/February 2013.

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