Paired with vintage Martha Stewart, Emeril Lagasse will be seen at same BAM time, different BAM channel

It’s not an Emeril Lagasse story without a pun involving the word “Bam!”, is it?

emeril-martha.jpg According to Yahoo!, the outspoken chef will be moving his show from the Food Network. He’ll be setting up shop — er, kitchen — for the Fine Living Network and paired up with a show featuring Bedford resident Martha Stewart. The chef’s show will keep its 7 p.m. time slot when it debuts July 7.

In February, Stewart’s company bought out his line of cookbooks, TV shows and kitchen products for $50 million, but Lagasse retains control of his restaurants. And that’s a good thing.

It’s not a Martha Stewart story without a pun involving “It’s a good thing,” is it?

(AP Photo/The Martha Stewart Show, Anders Krusberg)

Emeril sells out to Martha for $50 mil

emeril-martha.jpg

Who knew “Bam!” had such market equity. Martha Stewart Living Omnimedia forked over $45 million in cash and $5 million in stock to purchase the rights to Emeril Lagasse’s line of cookbooks, TV shows, and kitchen products yesterday. What’s more, according to the AP story on CNN, that sum could rise $20 million higher “if certain benchmarks are achieved.” Mind you, this does not include Lagasse’s restaurants — just the television and gadget rights.

Now, if only Martha could figure out a way to sweet talk the Katonah Village Improvement Society into giving her the same kind of deal for “Katonah.” If “Bam” is worth as much as $70 mil (including bonuses), a word twice as long is surly pushing a cool $150.

(AP Photo/The Martha Stewart Show, Anders Krusberg)