Winfrey launched the network in 2011, the same year her lucrative talk show ended; she will remain … [+] its CEO and chief creative officer. Getty Images for Global Citizen Oprah Winfrey has once again cashed out some of her ownership of the OWN cable network—this time selling 20.5% to the network’s majority owner, Discovery DISCA , in exchange for 1.34 million shares of Discovery stock, worth about $36.5 million on Tuesday. Winfrey will remain the CEO and chief creative officer of her namesake… Click below to read the full story from Forbes
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Oprah Winfrey Just Sold Most Of Her Stake In Her OWN Cable Network
