Tuesday, December 05, 2017

Oprah Sells Controlling Stake in OWN


Oprah Winfrey is $70 million richer after selling a controlling stake in OWN...

This week Discovery paid Harpo, Inc. $70 million for 24.5 percent more ownership in the OWN over their previous 50-50 split.

Oprah will stay on as CEO of OWN until 2025.

14 comments:

Anonymous said...

and i BET MONEY that she won't give me any of that money. she ain't shit.





















lol. jk. good for her. love to see people winning.

Anonymous said...

yay time for them to destroy OWN!!! smh

Anonymous said...

Why do we give up control of EVERYTHING we own?? How much money does one need?

Anonymous said...

@9:15, one needs as much money as possible. she's going to remain ceo of own until 2025. also, if something goes down, she can probably get another network with this money she's making by selling a stake in her company.

OPRAH SOLD OUT said...

@9:54 OPRAH IS SELLING OUT JUST LIKE BOB JOHNSON OF BET.

There is no postive in this at all. It *was* BLACK OWNED

Staying on as CEO means nothing, Disney is now the OWNERSHIP, they call the shots. She will from now on follow their directive, like every other CEO in America.

Oprah has given up , just like Bob Johnson did when it comes to creating and controlling what kind of entertainment is feed to into the minds of african americans. Expecially our CHILDREN.

Anonymous said...

NO Dammit!!! When are we gonna learn CONTROL is everything?! They will destroy everything we've built, and OWN will be no different, no matter how long it takes before it changes hands. Oprah's got plenty of money now, and it's all hers. She doesn't have to answer to or negotiate with ANYBODY. And now she's gone and sold off part of her legacy. Ugh! I just don't get us sometimes.

Chrissy Snow said...

Not surprised. Monique warned us about Oprah months ago.

Anonymous said...

It was never all hers. Can you people read? She started the company with Discovery (not Disney) as 50% owner.

Anonymous said...

people this is oprah's money, and it was her station. if she wanted to sale her majority stake to her company then that's her choice. if you people want to support a black owned station, there is still revolt. but you won't support that because you don't like puffy. or, you can work and build your own empire to get your own tv channel. but stop counting oprah's pockets and trying to tell her what to do with her money.

@10:53 said...

@10:53 WRONG, Oprah started OWN it was already up and running before she decided to do a partnership with Discovery. 50/50 split with Disovery, she LET Discovery INTO HER COMPANY.

NOW THEY OWN IT. (Fyi Disney was a typo)


HoodRat said...

That obnoxious and arrogant acronym don’t mean shyt anymore. Don’t own nothing except the debt the network brought onto her credit report. I’m doing good got my 2016 Altima, $16/hr, 3 berm townhouse w wood floor silver appliance and fireplace, and a man that drive a 2015 Mercedes and make $22/hr and all that excess bullshit don’t mean a damn thang I bet my credit score better than Oprah’s. Stupid arrogant ass.

Cinnamon said...

@10:24 tv should not be feeding your children minds and "black" people here in U.S. were the 1st hue mans here we were enslaved here we are the original indians indigenous people The natives of this land already present NO ONE is from two continents Africa is a continent North America is a continent The u.s. is 50 states in the North American continent is all on the globe


Cinnamon said...

Your are either African OR American not both If you ar born north American continent where u.s. lays you are American they have fed this bs bout bein"african american" SOME black ppl think it sounds politically correct or special when it is really stupid for puppets you don't hear of Carribean American,chinese america, brazilian American Canadian Anerican etc notice the idiocy in that? Same thing as African American!!

Anonymous said...

Cinnamon2:17pm
Thanks asshole for the history lesson. I'll call you an American piece of shit.

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