Oprah Sells Majority Stake In OWN To Discovery For $70 Million
December 6, 2017
ABOVE PHOTO: Oprah Winfrey (AP Photo/Elise Amendola, File) By Taryn Finley Oprah Winfrey is selling a majority interest in her network OWN to Discovery Communications for $70 million, the Los Angeles Times reports. OWN had been a 50-50 joint venture between Winfrey and Discovery until the deal, which was announced Monday. The cable giant is acquiring an…