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For The Love Of Movies... Can We Talk?Things Are Looking Better And Better For OWN
And after a pretty rough beginning, there are strong signs that things are really turning around for Oprah Winfrey's OWN network.
The network just marked it's third consecutive quarter of ratings growth, thanks to shows such as Oprah's Next Chapter, which recently has gotten some major "gets" as guests, like Rihanna, which pulled in 2 1/2 million viewers; as well as Fix My Life with Iyanla Vanzant.
The bad news is that the network is still losing money for Discovery Communications - as much as $143 million this year. Though the CFO of Discovery, Andy Warren, said that he expects the network to break even during the second half of 2013.
But OWN president Erik Logan says that he's confident in the continuing success of the network, and that it would be a struggle to get there: "We all knew it would take some time to take this turn, It certainly is a welcome narrative."
4 Comments
ALM | October 10, 2012 2:47 PM
I just saw on Facebook where she shouted out Ava Duvernay on Twitter. Hopefully S & A will be reporting an exclusive deal between the two women soon.
sandra | October 10, 2012 11:48 AM
With Usher/Rihanna/Houstons interviwe and shows like Iyanla Fix.., Sweety Pies, etc... it looks like black = green. I hope O remembers that when she is fully up and running.