Oprah Winfrey gets her OWN channel
Oprah Winfrey's media empire is about to get a lot bigger with the announcement Tuesday of a deal with Discovery Communication for her own cable channel.
The cable-and-Internet joint venture will include a network she'll run called OWN: The Oprah Winfrey Network.
In the cashless transaction, Discovery will contribute its Discovery Health Channel to be rebranded as OWN in 2009 and simulcast in HD. The channel, launched in 1999, reaches more than 70 million cable and satellite subscribers.
Winfrey's company Harpo will kick in her...
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