Martha Stewart Living gets into music business

updated 5:56 p.m. ET Oct. 3, 2005

NEW YORK - Martha Stewart is getting into the music business.

The domestic diva's company, Martha Stewart Living Omnimedia, and Sony Corp.'s BMG business agreed to form a joint venture, Martha Stewart Living Music, which will release a series of compilation albums for holidays and special occasions, MSO said Monday.

The music business will launch with the release of "Martha Stewart Living Music: The Holiday Collection" by Epic Records.

The initial albums are a holiday collection compiled by Martha Stewart that will be released individually and as a three-disc boxed set.

The holiday set will include traditional, jazz and classical holiday music.

The individual releases will include a holiday recipe from MSO and all boxed set collections will include 30 recipe cards, decorating tips and craft ideas.

MSO, with 2004 revenue of $187.4 million, has operations in publishing, television and merchandising. Stewart's family controls about 55 percent of MSO's stock.

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