As Martha Stewart plans multiple image-improving TV projects, former partner CBS is working on a movie detailing both her rise and fall.

Stewart is planning to star in a new version of NBC's "The Apprentice" and host a syndicated lifestyle show next season.

But, she also will be the subject of a two-hour unauthorized TV movie that CBS, her one-time broadcasting partner, is rushing into production, possibly for telecast during the May ratings sweeps, the Los Angeles Times said Thursday.

The still-untitled movie would cover Stewart's tumultuous rise, fall and rebirth over the last six years, from the day her company went public on the New York Stock Exchange in 1999 to her release from prison this month after serving five months for lying to regulators about a 2001 stock sale.

Cybill Shepherd may reprise her earlier TV role as Martha.