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Of her failings, Oprah herself has said, ”If I were writing a book about it, I might call the book ’101 Mistakes.”
Bloomberg Businessweek reported last week that the network may have lost a whopping $330 million since it began in 2008.
Winfrey’s network has suffered disappointing ratings since its inception. Last year, Winfrey fired OWN CEO Christina Norman. Then, OWN laid off approximately 20 percent of its staff in a move to restructure the fledgling network. In addition, shows that were supposed to be anchor shows, like the Rosie O’Donnell Show, flopped.
However, the light at the end of the tunnel may still be Oprah Winfrey. Viewership has ticked up since the launch of “Oprah’s Next Chapter’, leading one to believe that although many don’t care for OWN, they still love Oprah. The more she makes the show about her, the better she’s bound to do.