Oprah is getting her own cable network!
Called OWN: The Oprah Winfrey Network, the new channel will premiere next year.
In a statement, Momma O said the network “is the evolution of the work I’ve been doing on television all these years and a natural extension of my show.”
The Oprah Winfrey Network will be part of the Discover network, taking over the Discovery Health Channel, started in 1999, which reaches 67.7 million cable and satellite homes, according to Nielsen.
What programming can we look forward to?
Oprah isn’t saying just yet.
The mandate of the network, said David Zaslav, president and CEO of Discovery Communications, is “to entertain, inform and inspire people to live their best lives.”
Discovery said Winfrey will have “full editorial control” over the joint venture, with responsibility for “programming, branding and creative vision.”
Oprah will be the chairman of OWN.
Discovery and Winfrey will each own 50% of the network, and OWN will be an independent company.
And Oprah gets even richer!