Martha Stewart and Ann Moore (Time Inc.) honoured by U.S. mag industry

Apparently, being a convicted felon is no impediment to being given a lifetime achievement award from the American Society of Magazine Editors. It was announced today that Martha Stewart, the founder of Martha Stewart Living Omnimedia is being inducted into the ASME Hall of Fame, according to a story in Advertising Age.

"With the launch of Martha Stewart Living in 1991, Stewart created an entirely new magazine category," said Sid Holt, CEO at the editors' society. "The influence of Stewart's editorial vision can be seen at newsstands -- and in homes -- throughout the U.S."

The other major magazine award, the Henry Johson Fisher Award, is being made by the Magazine Publishers of America to Ann Moore, the chair and CEO of Time Inc., according to the same story. (Photo: AP)

"Throughout her career, Ann has shown extraordinary management skills and entrepreneurial drive in developing new magazines and expanding the footprint of the industry's flagship brands," said Nina Link, president-CEO of the MPA. "Ann has transformed Time Inc. not just by successfully launching more titles than company founder Henry Luce, but also by overseeing her company's transition to digital platforms."