Oprah Winfrey's OWN is now turning a profit

Oprah Winfrey's OWN in the latest quarter became "cash flow positive" and has started to "pay down" the investment from co-owner Discovery Communications, whose stake has decreased to $509 million, said Andrew Warren, Discovery's chief financial officer. OWN's turnaround was helped by successful launches of two series from Tyler Perry, as well as higher fees from pay-TV providers, Discovery CEO David Zaslav said.

View Full Article in:

Wall Street Journal (tiered subscription model), The · New York Times (tiered subscription model), The

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Operational Enablement and Excellence
Pandora Media, Inc.
Okaland, CA
Sales Director - ROBLOX (New York)
ROBLOX
NY
Programmatic Manager
A+E Networks
New York, NY
Assistant Professor or Instructor of Advertising
Loyola University Chicago
Chicago, IL
National Sales Manager/Midwest
American City Business Journals/The Business Journals
IL