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Winfrey's OWN Woes: $330 Million Write-Off?

Winfrey's OWN Woes: $330 Million Write-Off?

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Oprah Winfrey’s OWN network may have a whole new headache on its hands.

The struggling network, which recently canned Rosie O’Donnell after the former Queen of Nice couldn’t deliver big ratings for Winfrey, may be facing more money woes, according to a new report.

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OWN’s losses may be as much as $330 million, potentially forcing its parent company, Discovery, to take a write-off.

For now, Winfrey hopes the addition of six new shows to the channel’s lineup will bring about positive change to the network.


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