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TV TATTLE

Discovery now owns a 95% stake in OWN after Oprah Winfrey opted for a $35 million-plus stake in Discovery

Posted by Norman Weiss
Tuesday 12/22/20 at 1:24PM EST
  • The Hollywood Reporter

    Discovery's share in the Oprah Winfrey Network has gone from 73% to 95%, according to The Hollywood Reporter, after Winfrey elected to swap most of Harpo’s interest in OWN for voting Series A shares in Discovery. Winfrey will continue serving as CEO and chief creative officer of OWN, but with only a 5% ownership stake.

    TOPICS: Oprah Winfrey, OWN, Discovery


    More Oprah Winfrey on Primetimer:
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    • CBS releases two promos for Oprah Winfrey's Prince Harry-Meghan Markle interview
    • Gayle King: Oprah Winfrey considers her Prince Harry-Meghan Markle interview the best she's ever done
    • Oprah Winfrey's Meghan Markle-Prince Harry interview hasn't found a UK home as the BBC and Sky drop out of bidding war
    Dive Deeper:   Visit the Oprah Winfrey page


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