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[Lazarus]

Oprah is making money moves.

Want details on the brand new deal she struck up with the Discovery Channel?

Meet us below?

Discovery Communications purchased the majority share in Winfrey?s thriving OWN network as she sets her sights on pastures new in 2018.

Fans of the mogul know that the Discovery entered a joint venture with her HARPO empire to build OWN.

Now, impressed by its growth, they?ve decided to increase their ownership of it to 70%.

Discovery president and CEO David Zaslav beamed?

Ten years ago, Oprah and I began to imagine what a network, inspired by her vision and values, could mean to viewers across the U.S.In an increasingly crowded landscape, OWN has emerged as the leading destination for African-American women and one of the strongest superfan brands across all screens and services.

How much it cost them to pick up their new shares? $70 million.

Much to Winfrey?s delight the deal will see her continue to run OWN until 2025 as she steers it to higher ground on the wings of the shows ?Queen Sugar?, ?Greenleaf? and ?Fix My Life.?

[Cowboy Nine]

Get money 'prah!

[Vonc2002]

Rich ass bitch

[SouravMay]

Only?????

[FlowerBomb]

Only?????

!!!!
Isn't she worth billions?

[SouravMay]

Only?????

!!!!
Isn't she worth billions?

they sold for BET for a billion. I am a bit appalled. OWN is one of the biggest African American TV networks. 70 million doesn't seem quite that much.

[Jon]

Lol the channel is a flop

[FlowerBomb]

Lol the channel is a flop

Yh I think she thought her talk show success would translate into bigger money since it's her own channel

[Gilgamesh.]

Queen Sugar & Greenleaf>>

They need more shows in that vein.

[XXX.]

Selling 25% for $70 million isn't bad.  I mean, it's not like the network is flooded with a million hit shows.

[KING BENTLEY.]

Lol the channel is a flop

s


why didn't sis start her talk show back up on the network, I never understood that

she made NBC or ABC so much damn coin during her run. this ICON

[b7]

Lol the channel is a flop

s


why didn't sis start her talk show back up on the network, I never understood that

she made NBC or ABC so much damn coin during her run. this ICON

that would?ve been everything

Honestly her show in the social media era would?ve slayed even harder


I?m kinda fuming

[The Brandy Barbie]

I don't know why she's giving up the majority of her company so soon.  I thought the point was for her to have the majority ownership and make all the decisions.

I hope Discovery won't get rid of all the black shows.