Oprah Winfrey Agrees to Boost Presence on Her New U.S. TV Network
Talk show queen Oprah Winfrey has agreed to boost her presence on her new U.S. TV network OWN after broadcasting bosses agreed to allocate an additional $89 million to the venture. Executives at Discovery Communications initially invested $100 million in a joint venture with Winfrey to premiere the mogul's new network in January 2011.
A report published in early August on Discovery's second quarter earnings revealed the firm had already spent three quarters of the "maximum of $100 million that we're obligated to". Now Discovery bosses have agreed to pump another $89 million into the project - after Winfrey agreed to either host or star in another show featured on the network.
Winfrey was previously slated to appear in a prime time travel series called "Oprah's Next Chapter". However, she is contractually prevented from hosting another talk show until her syndicated program "The Oprah Winfrey Show" ends in September 2011.
Discovery CEO David Zaslav tells the New York Post, "We're leaning into the content and the venture. Oprah has been really engaged, and she's the creative leader of this channel. We're going to see more of Oprah."
More Oprah Winfrey News
- LOL! Prince Harry Hilariously Photobombs 'ANTM' Star Winnie Harlow's Picture
- Kanye West Robbed, Computers Stolen From His Studio
- 'Transformers: The Last Knight' Announces Big Reveal on May 31
- Dwayne Johnson Hints at Darker Hobbs in 'Fast and Furious 8' Image
- Paul Bettany Defends Johnny Depp Amid Amber Heard's Domestic Violence Accusations
- Khloe, Kourtney Kardashian, Tyga Celebrate Scott Disick's Birthday in Vegas
- Kate Beckinsale: Michael Bay Was Baffled Because 'My Boobs Weren't Bigger Than My Head'
- 'Maze Runner 3' Pushed Back to 2018 as Dylan O'Brien Is Still on the Mend After On-Set Accident