Oprah Sells Part Of Stake In OWN For A Whopping $70 Million

December 5, 2017

Photo by Alberto E. Rodriguez/Getty Images for Disney

Oprah just got $70 million richer! Winfrey’s OWN network, which launched in 2011, just sold a piece of its stake to a media giant, Discovery Communications.

In a statement picked up by the New York Post, Oprah says, “Creating OWN and seeing it flourish, supported by Discovery and a rapidly growing group of the finest storytellers in film and television, is one of my proudest achievements.”

This announcement makes Discovery the majority stake holder in OWN, which will now own 74.5 percent of the growing network (its previous stake was 24.5 percent). Oprah will continue to be a minority owner and the company’s CEO through 2025.

OWN is home to few NAACP Image Awards nominated shows, check out who could win at the 49th NAACP Image Awards below, when it airs Jan. 15 when it airs only on TV One.

TV One

The Nominees Are In For The 49th NAACP Image Awards

Launch gallery

The Nominees Are In For The 49th NAACP Image Awards

1. Outstanding Actress in a Motion Picture - Natalie Paul

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2. Outstanding Actress in a Motion Picture - Danai Gurira

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3. Outstanding Actress in a Motion Picture - Amandla Stenberg

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4. Outstanding Actress in a Motion Picture - Octavia Spencer

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5. Outstanding Actress in a Motion Picture - Halle Berry

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6. Outstanding Actor in a Motion Picture - Algee Smith

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7. Outstanding Actor in a Motion Picture - Daniel Kaluuya

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8. Outstanding Actor in a Motion Picture - Denzel Washington

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9. Outstanding Actor in a Motion Picture - Idris Elba

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10. Outstanding Actor in a Motion Picture - Chadwick Boseman

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11. Outstanding Supporting Actress in a Motion Picture - Tessa Thompson

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12. Outstanding Supporting Actress in a Motion Picture - Audra McDonald

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13. Outstanding Supporting Actress in a Motion Picture - Keesha Sharp

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14. Outstanding Supporting Actress in a Motion Picture - Regina Hall

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15. Outstanding Supporting Actress in a Motion Picture - Tiffany Haddish

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16. Outstanding Supporting Actor in a Motion Picture - Nnamdi Asomugha

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17. Outstanding Supporting Actor in a Motion Picture - Lil Rel Howery

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18. Outstanding Supporting Actor in a Motion Picture - Idris Elba

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19. Outstanding Supporting Actor in a Motion Picture - Laurence Fishburne

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20. Outstanding Supporting Actor in a Motion Picture - Sterling K. Brown

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21. Outstanding New Artist - Kevin Ross

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22. Outstanding New Artist - Vic Mensa

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23. Outstanding New Artist - Demetria McKinney

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24. Outstanding New Artist - Khalid

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25. Outstanding New Artist - SZA

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26. Outstanding Male Artist - Brian McKnight

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27. Outstanding Male Artist - Bruno Mars

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28. Outstanding Male Artist - JAY-Z

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29. Outstanding Male Artist - Kendrick Lamar

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30. Outstanding Male Artist - Charlie Wilson

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31. Outstanding Female Artist - Mary J. Blige

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32. Outstanding Female Artist - Ledisi

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33. Outstanding Female Artist - Andra Day

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34. Outstanding Female Artist - SZA

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35. Outstanding Female Artist - Beyoncé

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36. Outstanding Motion Picture - Roman J. Israel, Esq.

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37. Outstanding Motion Picture - Detroit

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38. Outstanding Motion Picture - Marshall

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39. Outstanding Motion Picture - Get Out

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40. Outstanding Motion Picture - Girls Trip

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41. Outstanding Supporting Actress in a Drama Series - Samira Wiley (The Handmaid's Tale)

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42. Outstanding Supporting Actress in a Drama Series - Susan Kelechi Watson (This Is Us)

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43. Outstanding Supporting Actress in a Drama Series - Tina Lifford (Queen Sugar)

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44. Outstanding Supporting Actress in a Drama Series - Naturi Naughton (Power)

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45. Outstanding Supporting Actress in a Drama Series - Lynn Whifield (Greenleaf)

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46. Outstanding Supporting Actor in a Drama Series - Dondre Whitfield (Queen Sugar)

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47. Outstanding Supporting Actor in a Drama Series - Joe Morton (Scandal)

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48. Outstanding Supporting Actor in a Drama Series - Jussie Smollett (Empire)

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49. Outstanding Supporting Actor in a Drama Series - Bryshere Gray (Empire)

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50. Outstanding Actress in a Drama Series - Rutina Wesley (Queen Sugar)

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51. Outstanding Actress in a Drama Series - Viola Davis "How To Get Away With Murder"

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52. Outstanding Actress in a Drama Series - Taraji . Henson

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53. Outstanding Actress in a Drama Series - Kerry Washington (Scandal)

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54. Outstanding Actress in a Drama Series - Jurnee Smollett- Bell (Underground)

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55. Outstanding Actor in a Drama Series - Omari Hardwick (Power)

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56. Outstanding Actor in a Drama Series - Sterling K. Brown (This Is Us)

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57. Outstanding Actor in a Drama Series - Mike Colter (The Defenders)

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58. Outstanding Actor in a Drama Series - Terrence Howard (Empire)

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59. Outstanding Actor in a Drama Series - Kofi Siriboe (Queen Sugar)

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60. Outstanding Drama Series - Underground

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61. Outstanding Drama Series - This Is Us

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62. Outstanding Drama Series - Greenleaf

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63. Outstanding Drama Series - Queen Sugar

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64. Outstanding Drama Series - Power

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65. Outstanding Supporting Actress in a Comedy Series - Tichina Arnold (Survivor's Remorse)

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66. Outstanding Supporting Actress in a Comedy Series - Uzo Aduba (Orange is the New Black)

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67. Outstanding Supporting Actress in a Comedy Series - Yvonne Orji (Insecure)

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68. Outstanding Supporting Actress in a Comedy Series - Marsai Martin (Blackish)

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69. Outstanding Supporting Actress in a Comedy Series - Leslie Mann (SNL)

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70. Outstanding Supporting Actor in a Comedy Series - Omar Miller (Ballers)

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71. Outstanding Supporting Actor in a Comedy Series - John David Washington (Ballers)

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72. Outstanding Supporting Actor in a Comedy Series - Ernie Hudson (Grace and Frankie)

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73. Outstanding Supporting Actor in a Comedy Series - Tituss Burgess (Unbreakable Kimmy Schmidt)

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74. Outstanding Supporting Actor in a Comedy Series - Jay Ellis (Insecure)

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75. Outstanding Actress in a Comedy Series - Loretta Devine (The Carmichael Show)

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76. Outstanding Actress in a Comedy Series - Niecy Nash (Claws)

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77. Outstanding Actress in a Comedy Series - Tracee Ellis Ross (Blackish)

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78. Outstanding Actress in a Comedy Series - Danielle Brooks (Orange is the New Black)

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79. Outstanding Actress in a Comedy Series - Issa Rae (Insecure)

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80. Outstanding Actor in a Comedy Series - RonReaco Lee (Survivor's Remorse)

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81. Outstanding Actor in a Comedy Series - The Rock (Ballers)

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82. Outstanding Actor in a Comedy Series - Keegan-Michael Key (Friends From College)

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83. Outstanding Actor in a Comedy Series - Aziz Ansari (Master of None)

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84. Outstanding Actor in a Comedy Series - Anthony Anderson (Blackish)

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85. Outstanding Comedy Series - Insecure

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86. Outstanding Comedy Series - Ballers

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87. Outstanding Comedy Series - Dear White People

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88. Outstanding Comedy Series - Survivor's Remorse

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89. Outstanding Comedy Series - Blackish

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90. Entertainer of the Year - Chance The Rapper

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91. Entertainer of the Year - Bruno Mars

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92. Entertainer of the Year -Chadwick Boseman

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93. Entertainer of the Year - Ava Duvernay

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94. Entertainer of the Year - JAY-Z

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95. Entertainer of the Year - Issa Rae

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