Posted on 03/22/2012 5:01:11 PM PDT by RayChuang88
A year after the worlds most famous talk-show host hung up the towel on her solo act, Oprah Winfrey is finding the behind-the-scenes work is far less glamorous.
Winfreys OWN cable network, part owned by Discovery Communications (DISCA: 48.18, -0.15, -0.31%), could lose as much as $143 million this year, on top of the $107 million of negative cash flow it booked in 2011, according to SNL Kagan.
The bleak view comes despite efforts by the network to cut costs, including letting go 30 employees -- or 20% of its staff -- earlier this week and canceling Rosie O'Donnell's show on low ratings.
(Excerpt) Read more at foxbusiness.com ...
Alas, most everyone here on FR isn't offering her sympathy, though.
Discovery has told Oprah that she’ll need to START covering half of the the losses out of her own pocket or they’re going to shut the channel down. Grab some popcorn...
The unemployed can't afford premium cable tv channels......elections have consequences.
In a twisted piece of irony, maybe she can find the shoulder of some fat harpy with a talk show to cry on.
I knew it was the death-knell for her leaving over the air TV.
That she had also said leading up to it she didn’t want to work as hard as she had been.
Oprah helped Obama get elected.
I think you will never see a large, short woman move as fast to get outta there as Oprah, if it could decrease her money.
LOVE IT! Maybe the Kenyan in the White Hut will socialize the channel for you, O.
The Discovery Networks execs are taking over and taking the appropriate steps to void their contract with her.
pOWNed.
Alternate title: Oprah Circling the Bowl but Won’t Go Down
I have been saying for eons she will go broke or try to save herself from going broke and jettison this beast.
Who is waiting in the wings IMHO to pick it up on the cheap?
Glenn Beck.
We would then have a conservative network, FAUX has let us down...
If he does, it would be the ultimate Schadenfreude...
She’s a triple flusher.
Soon can’t come soon enough except it would be nice if her $$$ stash was depleted some more so it wouldn’t be available for The Annointed One.
Hey Oprah you shouldn’t feel so bad. The leftists will see you as noble now that you are much less of a 1%’er now. welcome to the 99% club. Feel the liberal looooooooooooove.
.... and those darn chickens are coming home to roost!
Another “business” that O’bummer has turned to poo...
The O had NO business jumping off the fence and into O’bummer harem...turned too many people off...
I watched her every now and then but when she got on that stage with the Mooch and Bam, that was it...
don’t think I was alone...
Not this time. . .
Oprah is a 1% er Billionaire.
Oh that can’t be right, a black woman, billionaire in racist America where ‘blacks’ can’t make it....
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