Tuesday, 8. May 2012
Topic: TV - on May 8, 2012 at 8:46:00 AM CEST
Losses at Oprah's OWN approach a staggering $330m as industry insiders predict it will be axed within the year
The losses at Oprah Winfrey’s troubled cable channel are approaching a staggering $330 million, according to a report over the weekend.
Industry insiders believe the channel - the Oprah Winfrey network (OWN) - will not last another year unless they come up with a hit show and make a dramatic turnaround.
Though ratings have seen a slight insurgence thanks to interview program Oprah's Next Chapter, it has stumbled since the get go with ratings of just 308,000 daily.
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