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Posts tagged as “OWN Network”

Oprah Winfrey's OWN Channel Finally Set To Make Profit

Oprah WinfreyLast Tuesday afternoon, Oprah Winfrey called the co-presidents of her cable channel OWN with some jump-on-the-couch-with-joy news. “Lance wants to talk,” she said, referring to Lance Armstrong, whom she had been courting for a confessional interview about his long-denied use of performance-enhancing drugs.

Ms. Winfrey conferred with the co-presidents, Erik Logan and Sheri Salata, about booking a trip to Mr. Armstrong’s hometown, Austin, Tex., reserving airtime for Thursday night and announcing the “get” to the press.

What no one said on the call was that this interview — maybe Ms. Winfrey’s biggest since her 1993 sit-down with Michael Jackson — could be a turning point for OWN, which has been low-rated since its birth two years ago.

Another turning point — perhaps even bigger — came this month when OWN started to pocket substantial per-subscriber fees from some of the biggest cable and satellite operators in the country.

Some of these deals were made before OWN even had its premiere. The operators agreed to pay just a penny or two per subscriber a month until January 2013, and then start paying nearly 20 cents a month on average, according to people with direct knowledge of the deals who asked for anonymity because the details were confidential. The fees increase over a span of several years.

Multiply those dimes and quarters across most of the 83 million homes in which OWN is available (but not all — at least one deal is still pending) and the value for Ms. Winfrey and Discovery Communications is plain. Discovery, OWN’s other owner, has said that the channel will turn a profit for the first time in the second half of 2013. Discovery has invested more than $400 million to date.

Rihanna and Oprah Top Forbes’ List Of Hollywood’s Highest-Paid Women

Singer Rihanna and media mogul Oprah Winfrey have topped Forbes‘ list of Hollywood’s highest-paid women for 2012. Out of a short list of only ten high-powered ladies in entertainment, Oprah landed at the number-one position with her take of $165 million for the period ranging from May 2011- 2012. Britney Spears came in second by earning $58 million. Rihanna’s take for 2012 was $53 million, from her album sales, endorsement deals, and touring revenues. Yet, it was close in the upper echelons of this ranking, with Britney Spears being followed closely by Taylor Swift, who landed at number three with her $57 million dollar income. Ellen Degeneres tied with Rihanna, earning $53 million as well through her television deals.

Special To Premiere On First Graduating Class Of Oprah’s South African School

Oprah Winfrey Leadership Academy for Girls

Oprah Winfrey poses with the graduates on her arrival at the inaugural graduation of the class of 2011 at Oprah Winfrey Leadership Academy for Girls on January 14, 2012 in Henley on Klip, South Africa. (Photo by Michelly Rall/Getty Images)

The Oprah Winfrey Network will premiere a television special on October 14 following the journey of the first graduating class from Oprah’s Leadership Academy for Girls in South Africa.  The two-hour special, The First Graduating Class: Oprah Winfrey Leadership Academy for Girls, will give viewers a look into the challenges and victories the 72 girls, who were only twelve and thirteen when they left home to enroll in the school, faced during their time at the academy.