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Printed from https://www.writing.com/main/view_item/item_id/2246132-Oprah-Sells-Stakes-To-Discovery-Inc
by Epiehl
Rated: E · Article · Business · #2246132
An article about Oprah Winfrey selling OWN stakes to Discovery Inc.
Former talk show host, Oprah Winfrey has sold $36 million in stock of her cable television network, OWN, to Discovery Inc.

The deal reportedly boosts Discovery Inc's stake in OWN to 95 per cent.

It is an increase from more than 70 per cent in 2017.

OWN was co-founded by Discovery Inc and Winfrey.

The channel is a female focus network.

OWN's content is expected to be part of a new streaming service, Discovery+ that is launching next month.
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Printed from https://www.writing.com/main/view_item/item_id/2246132-Oprah-Sells-Stakes-To-Discovery-Inc