Venture communications cable tv trouble1/13/2024 ![]() ![]() Winfrey and her long-time partner Stedman Graham had discussed the idea of forming her own channel as early as 1992. As it was still under contract with CBS Television Distribution through May 2011, her existing syndicated talk show The Oprah Winfrey Show was not expected to air on OWN, but there was a possibility that a spiritual continuation or successor to the program could air on OWN in the future. Discovery provided $100 million in funding, and Harpo provided access to its library and Winfrey's website,. Winfrey would serve as the chairwoman of the channel, which was expected to deal in factual programming oriented towards her personal philosophy of "living your best life" this would include topics such as health, love, parenting, and spirituality. On January 15, 2008, Discovery Communications officially announced that it had entered into a joint venture with Winfrey's studio Harpo Productions, under which it would re-launch Discovery Health as "OWN: The Oprah Winfrey Network", in the second half of 2009. Zaslav's wife was an avid reader of Oprah Winfrey's O magazine (a joint venture with Hearst Corporation) believing that her values could serve as the basis for a cable network, he contacted Winfrey's agents to hold a meeting in April 2007. As a result, he began to explore the possibility of re-launching the channel as a joint venture with another partner. History Development Īfter becoming Discovery Communications' new CEO in 2007, David Zaslav found Discovery Health to be underperforming along with its other digital cable networks launched in the last decade, and taking in significantly lower carriage fees in comparison to the company's namesake, Discovery Channel. Harpo remains a "significant" minority stakeholder and Winfrey is contracted with the channel through at least 2025.Īs of February 2015, OWN is available to approximately 81.9 million pay television households (70.3% of households with television) in the United States. ![]() Initially a 50/50 joint venture, Discovery acquired a larger stake in the network in 2017 and again in December 2020, when Discovery increased its ownership in OWN from 73% to 95%. The network is led by talk show host and namesake Oprah Winfrey and largely features entertainment and lifestyle programming targeting African American audiences, and reruns of talk show programming from the Harpo Studios library (including The Oprah Winfrey Show). ![]() Discovery and Harpo Studios that launched on January 1, 2011, replacing the Discovery Health Channel. Oprah Winfrey Network ( OWN) is an American multinational basic cable channel jointly owned by Warner Bros. ![]()
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