Oprah Winfrey Gets Stake in Discovery as Company Takes 95 Percent of OWN

  • 📰 THR
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Oprah Winfrey gets a stake in Discovery as the company takes 95 percent of OWN

Oprah Winfrey has taken a stake of $35 million-plus in Discovery Inc. as part of a deal that boosts the factual content giant's holding in OWN, a joint venture with Winfrey's Harpo, sources tellDiscovery and Harpo's original deal to form OWN in 2008 included options for Harpo to sell its stake to the content company, and Discovery has been increasing its OWN stake over time.

Winfrey continues to serve as CEO and chief creative officer of OWN, though she now owns only a 5 percent stake in it. A rep for Harpo and OWN declined to comment. At Monday's Discovery stock closing price of $27.37, the 1.34 million shares were worth around $36.7 million.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 411. in İD

Indonesia Berita Terbaru, Indonesia Berita utama