The transaction marks the first time that Discovery has made a cash payment to Winfrey's company, Harpo Inc., since the two parties struck their joint venture a decade ago.
Winfrey's Harpo Inc. will retain a "significant minority interest" in OWN, and Winfrey will continue as chief executive - and, equally as important, will work exclusively for OWN in the basic cable space through 2025. It first acquired Eurosport completely in 2015 and followed it by acquiring Scripps Networks earlier this year for a massive $14.6 billion. After launching in 2011, OWN struggled with programming that aligned with their core audience group, therefore, making there be staff turnover. "In an increasingly crowded landscape, OWN has emerged as the leading destination for African-American women and one of the strongest superfan brands across all screens and services", he said.
In recent years, the network has been bolstered by Winfrey's close relationship with popular producer Tyler Perry and Ava DuVernay, producing shows like The Haves and Have Nots and Queen Sugar, which have proven a hit among the channel's majority black viewership.
Rail fares to get more expensive
Paul Plummer, chief executive of the Rail Delivery Group, said the money from fares would go back into improving the railway. Average ticket prices will go up by 3.4 per cent on 2 January, the industry body the Rail Delivery Group (RDG) said.
Another woman says Franken tried to forcibly kiss her in 2006
In responding to other women's stories, Franken has repeatedly said he recalled the events differently than the women involved. Earlier Wednesday morning the latest accuser had stepped forward , saying that Franken had tried to forcibly kiss her.
Vladimir Putin to seek re-election for 2018 Russian presidency
Russian President Vladimir Putin said on Wednesday he will contest the March 2018 elections to seek his fourth term as president. On September 24, 2011, Medvedev invited United Russia to support Putin's candidacy for the 2012 presidential elections.
In a statement, Winfrey says she is excited about this "next chapter" of her partnership with discovery. Previously, Oprah and Discovery had run the network with joint 50-50 ownership. "Together, we'll continue to inspire our viewers with real-life stories that are emotional and entertaining, connecting them to each other and to their greatest potential", she added.
Together, Discovery and Scripps will control about 20% of ad-supported pay TV audiences in the USA and will account for more than a 20% share of women watching primetime pay TV in the U.S.
"I'm excited for OWN to be part of Discovery in a deeper, more meaningful way and for the opportunity this unlocks for our future", Erik Logan, president, OWN, said.
The alleged plot was reportedly revealed by the head of Britain's M15 unit Andrew Parker, while briefing Cabinet ministers. The same report found that the ringleader of the June London Bridge attack was actively under investigation at the time.
The list of targets for the forthcoming telescope is long, but Cloutier and his colleagues think K2-18b is a deserving candidate. A recently discovered planet named Super Earth unveiling that it could hold numerous critical components of alien life.
Institutional investors and hedge funds have recently bought and sold shares of the stock. 242,400 were accumulated by Axa. The construction company reported $1.25 EPS for the quarter, missing the Zacks' consensus estimate of $1.26 by ($0.01).
It is negative, as 84 investors sold CVS shares while 559 reduced holdings. 103 funds opened positions while 405 raised stakes. Shanda Payment Holdings Ltd decreased Gnc Hldgs Inc (GNC) stake by 81.84% reported in 2017Q2 SEC filing.
Republicans want to secure funding for President Donald Trump's promised border wall and increase the defense spending caps. Andy Biggs, R-Ariz., said House leaders recognized that possibility in their Friday morning meeting.
She had, before her new appointment, served as her brother's Deputy Chief of Staff and Special Adviser on Domestic Matters. These were the words of the Imo State Commissioner Imo State Commissioner for Happiness and Couple's Fulfilment, Mrs.
The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. Whalerock Point Partners Llc bought 20,300 shares as the company's stock declined 6.06% while stock markets rallied.
Following the transaction, the executive vice president now owns 68,478 shares of the company's stock, valued at $2,626,816.08. Investors of record on Wednesday, January 3rd will be paid a $0.157 dividend. 74,316 are held by Cetera Advisor Netwr.
This means fans of Marvel and podcasts will be able to enjoy a dark, gritty Wolverine story like last year's " Logan " on-the-go. There will also be a cameo from the host of the Beautiful Stories from Anonymous People podcast, Chris Gethard.
The son had been charged by a Swiss court with money-laundering, fraud and forgery in April 2005, after being extradited from Germany.
Sundar Pichai Makes Strong Case For Google's Return To China
Cook also revealed that he "shares China's cyberspace vision" of 'developing a digital economy for openness and shared benefits'. Apple CEO Tim Cook arrives before the fourth World Internet Conference in Wuzhen, Zhejiang province, China , December 2, 2017.
Pope urges respect for Jerusalem 'status quo'
Francis, former Pope Benedict and Pope John Paul II all visited Israel and Palestinian territories. During his election campaign past year , Trump repeatedly promised to move the U.S.
Tributes to police officer killed in Wargrave collision
PC Dixon is believed to have taken part in several series of the programme and was filmed with his partner "Yorkie". A COP and a 91-year-old women were both killed yesterday following an horrific crash in a quiet Berkshire village.
Wal-Mart Stores (WMT) Coverage Initiated at Moffett Nathanson
They expect this year's earnings to rise 2.55% year-over-year to $4.43, followed by 5.87% growth in the next year to $4.69. Brinker stated it has 0.42% of its portfolio in Merck & Co., Inc. (NYSE: WMT ) rating on Wednesday, May 31. (NYSE: WMT ).
NC county's servers held for ransom by hackers
To deny the county access to its files, a ransomware was used by the hacker and a coin-miner program was installed. At that time, Chaney said the county has fallen victim to six ransomware attacks in her 13 years on the job here.
TODAY'S FORECAST: Mostly sunny, high near 38
For Wednesday , expect mostly sunny skies, with a high near 44 and with wind gusts as high as 23 miles per hour . Temperatures in Raleigh from Wednesday evening into Thursday will be highs in the 40s and lows in the 30s.
Mobile Announces $1.5 Billion Stock Repurchase Program
ILLEGAL ACTIVITY NOTICE: "Engineers Gate Manager LP Buys 42,861 Shares of T-Mobile US, Inc". (NASDAQ: TMUS ) or 36,516 shares. Rollins, Inc., through its subsidiaries, provides pest and termite control services to residential and commercial customers.
BBC presenter steps down over anti-Semitic comments
Now, Clara Amfo has been announced as his replacement, making her the first new presenter on the show in over a decade. The relationship between Jewish agents and managers and black musicians has always been a complex, heated topic.
LaVar Ball pulls son LiAngelo Ball out of UCLA
LaVar Ball said earlier Monday that he hadn't informed the UCLA coaching staff that he was pulling LiAngelo. During the past three games, opponents are shooting just 35.7 percent from the field.