The queen of all media, Oprah Winfrey, has suffered a loss with her OWN network. Unfortunately, the network hasn’t garnered the millions of viewers the talk show maven had hoped for.
In a recent article; Bloomberg Businessweek, estimates suggest the network has lost about $330 million. Although not Winfrey’s money; she has no personal financial stake in the business venture, her name is on it and she is the forefront.
OWN has seen week numbers in viewership and a few cancellations of programming, for example, ‘The Rosie Show’, after only 6 months on air. Rumors have since suggested Rosie O’Donnell and Oprah have been on the outs following the cancellation. One show still going strong, however, ‘Oprah’s Next Chapter’, where Winfrey invites celebrity guests and persons of interest, such as Whitney Houston’s family, for exclusive one on ones. Despite the odds, however, Oprah says she intends on sticking it through to the end. But for now, only time will tell and, perhaps, a change in programming and good faith will save the networks efforts.