Celebs in News

Oprah Winfrey

Oprah Gail Winfrey (born Orpah Gail Winfrey; January 29, 1954) is an American media executive, actress, talk show host, television producer, and philanthropist. She is best known for her talk show, The Oprah Winfrey Show, broadcast from Chicago, which was the highest-rated television program of its kind in history and ran in national syndication for 25 years from 1986 to 2011. Dubbed the "Queen of All Media", she was the richest African American of the 20th century and North America's first black multi-billionaire, and she has been ranked the greatest black philanthropist in American history. By 2007, she was sometimes ranked as the most influential woman in the world.

In news

Elaine Low-Senior

‘Dexter’ Revival Casts Clancy Brown In Lead Role

‘Dexter’ Revival at Showtime Casts Clancy Brown in Major Role

‘Too Much Money at Stake’: Lengthy L.A. Production Shutdown Seen as Unlikely

Oprah Winfrey and Prince Harry's Documentary on Mental Health Has Been Delayed Again

Discovery, A&T Shares Buck Sharp Market Downturn In Volatile First Day Of 2021 Trading

More ...

Discovery Increases Stake in Oprah Winfrey’s OWN to 95%

23.12.2020 - 03:09

Reading now: 978

variety.com:

Elaine Low Senior TV WriterDiscovery now has just under 95% ownership of OWN, the joint venture between Oprah Winfrey and Discovery.The company has increased its stake from its prior holding of 73%, a person familiar with the matter tells Variety, adding that the gradual increase has long been part of the plan.

In return, Winfrey has received more than $35 million in Discovery shares.Discovery last upped its ownership of OWN in late 2017, paying $70 million for another 24.5% stake from Winfrey’s Harpo, Inc.Harpo, which has over 1.34 million shares of Discovery, also registered in an 8-K filing on Tuesday the option to sell 670,477 shares of Discovery stock.

Discovery Increases Stake in Oprah Winfrey’s OWN to 95%

Related News