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Oprah sells ''Own'' network for pennies on the dollar - The Dr Boyce Breakdown (321 hits)

Oprah sells majority of OWN for $36 million to Discovery On Tuesday, Oprah Winfrey sold most of her Oprah Winfrey Network (OWN) shares to Discovery Inc. for more than $36 million in stock.

According to Bloomberg, the deal increases Discovery’s stake in OWN to 95%, but Winfrey will hold on to her CEO and chief creative officer positions.

https://www.youtube.com/watch?v=xcRGWhjXvlc&t=619s


Posted By: DAVID JOHNSON
Wednesday, December 30th 2020 at 11:13AM
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