Oprah Winfrey Agrees to Boost Presence on Her New U.S. TV Network


Oprah Winfrey


The star has agreed to either host or star in another show featured on her new U.S. TV network OWN after broadcasting bosses agreed to allocate an additional 89 million dollars to the venture.

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."

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. It's Over! Kim Kardashian 'Pulling the Plug' on Her Marriage to Kanye West
  2. Khloe Kardashian Reveals Secret to Her Big and Perky Butt
  3. Britney Spears Freaks Out After Sex Tape Leaks Online
  4. Blake Shelton and Gwen Stefani 'Torn Apart' by Her 'Flirtation' With 'The Voice' Contestant
  5. Report: Generous George Clooney Under FBI Investigation for Money Laundering
  6. Sleepyhead Madonna Leaves Kids Starving at Daughter's Birthday Bash
  7. Report: Kevin Hart's Wife Eniko Pregnant With Their First Child
  8. Brad Pitt Is Ready to Mend His Relationship With Angelina Jolie for the Sake of Their Kids
  9. Is Amber Rose Into a Woman Now? Model Sparks Rumors She's Hooking Up With Teyana Taylor
  10. Cher's 'Serious Family Issue' Forces Her to Drop Out of Lifetime's Flint Water Crisis Movie

CELEBS PHOTO