Karl Stefanovic battles his business partner and his wife’s best friend for control of his podcast company causing his show to come to a grinding halt – as he goes MIA

Karl Stefanovic is reportedly in a dispute with business partner Keshnee Kemp over the shares she holds in their company 123 Podcast. The former Today host, 52, and August One founder, along with her banking executive husband Jason Ibrahim, both hold a 45 per cent stake in the business, which is the parent company of The Karl Stefanovic Show. According to news.com.au, the TV star now regrets giving such a large share of the business to Kemp, who is also his wife Jasmine’s best friend, effectively bringing his podcast to a grinding halt as they dispute the issue.The business partners are reportedly on the verge of a legal stoush as Stefanovic attempts to wrestle for majority control over the start-up business. ‘It’s his IP after all, and he’s started to feel like he shouldn’t have relinquished so much of it so freely,’ a source told the publication. The insider added that Kemp offered to sell Stefanovic slices of her share in the company, which was registered in February just two weeks after The Karl Stefanovic Show first aired, but is said to have put a very large price tag on the shares.  Karl Stefanovic, 52, is reportedly in a dispute with business partner Keshnee Kemp over the shares she holds in their company 123 Podcast. Pictured (L to R): Stefanovic, Kemp’s husband Jason Ibrahim, Kemp, Stefanovic’s wife Jasmine Stefanovic’s close mate, celebrity accountant Anthony Bell, holds the remaining 10 per cent stake in the company. The source claimed Stefanovic became regretful over how much of the company Kemp owns after he lost his $2.8million-a-year salary as co-host of Nine’s Today show on June 25, along with his six-figure radio gig with Eddie McGuire on ARN shortly after. As a result, The Karl Stefanovic Show has been on hiatus since August 24, with no word from Stefanovic to his fans about when episodes will start airing again. It comes just a few days after fans flocked to The Karl Stefanovic Show’s social media accounts asking, ‘Where’s Karl?’ as the official Facebook page for the podcast appears to have been deactivated. Stefanovic also seems to have vanished, with his last video for the podcast uploaded on August 24.’When is your next interview going online? Missing the podcast!’ one person asked. Sources say the TV star regrets ceding such a large share of the business to Kemp, effectively bringing his podcast to a grinding halt as they dispute the issue’Where’s the podcast gone?!’ added another, while a third commented: ‘Why are there no new episodes? Hope things are OK Karl.’Another asked where Karl’s interview with billionaire businessman Adrian Portelli was.’I am addicted to Karl’s podcast. Does anyone know what’s going on? Where is his interview with Adrian Portelli?’Adrian shared an image with Karl in his podcast studio on July 24, sharing a sneak peek at an episode they filmed together.However, the podcast episode has yet to be uploaded online.According to the Sydney Morning Herald, Stefanovic’s main sponsorship deal with clothing brand Ringers Western recently ended, as the company chose not to renew the agreement. The former Today host and August One founder, along with her banking executive husband Jason Ibrahim, both hold a 45 per cent stake in the business, which is the parent company of The Karl Stefanovic Show. Kemp and Ibrahim pictured at Stefanovic’s wedding The former TV star was last seen wearing the brand in his interview with One Nation leader Pauline Hanson last month.Stefanovic has also not shared anything to his personal social media accounts in more than a week, with his last post published on August 29.He could be seen enjoying the fresh morning air at Mandolé Orchard in Griffith.’It’s that time of year. Spring is sprungy, the bees are rooting, pollinating, whatever they do, and I’m in Griffith for the weekend for the salami festival,’ he said.’Come say g’day, keep telling your yarns. God I love getting out into the country. The good, the bad, the ugly, and the brilliant.’Stefanovic ended the video by promising fans he would ‘see them all soon’, but not a peep has been heard from him since on his personal and business pages.However, he has appeared on his wife Jasmine’s account, with the couple appearing to enjoy a group outing with friends at Moraea Farm in Berry, NSW.Jasmine, 42, shared images of the outing on Instagram last Thursday, writing: ‘Very merry in Berry.’Meanwhile, Kemp has also not addressed The Karl Stefanovic Show’s absence, despite posting regularly online in the past few weeks.The Daily Mail has reached out to Stefanovic and Kemp for comment.