News - Soap Buzz

25 July 30th, 2013 Oprah Winfrey’s OWN Becomes Profitable On Strong Showing From The Haves and the Have Nots!

Photo Credit: Kathy Hutchins

Looks like All My Children and One Life to Live may be riding the right TV ticket as news today shows that Oprah Winfrey’s struggling OWN cabler, may have turned the corner and is now on an upswing and becoming profitable for the first time!

According to Deadline.com, “Discovery CEO David Zaslav says that OWN beat his forecast that it would begin to generate cash in the second half of the year!. He told analysts this morning, in his Q2 report, that Discovery’s joint venture with Oprah Winfrey is ‘now cash flow positive and starting to pay down the investment Discovery has made in the venture.’ He attributed the acceleration to the higher fees that pay TV distributors are shelling out for OWN vs its predecessor, Discovery Health.

In addition, the channel’s rising ratings are ‘translating into significant advertising growth including signing over 30 new clients during this upfront, and driving double digit scatter pricing.’ He singled out Tyler Perry’s Have And Have Nots and Love Thy Neighbor as “bona fide hits” that contributed to 39% ratings growth among women 25-to-54 in Q2. That was ‘the highest growth of any cable network’ in the quarter and made OWN a top 20 network for women in June — and made it a top-3 network for African American women over the last eight weeks. Zaslav says that OWN’s “positive cash flow generation should continue to increase.”

So what do you think about the turn in Oprah’s profitability on OWN? Would you like to see AMC and OLTL remain there after the summer with all-new episodes?  What do you think of Tyler Perry’s The Haves And The Have Nots? Share your thoughts!

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  1. jenette says:

    i love the haves and the have not it’s agood show i would love to she amc and oltl be a part of own

    Reply

  2. Dinah says:

    I hope OWN keep AMC/OLTL

    Reply

  3. Bruce says:

    I love The Haves and the Havenots along with Love Thy Neighbor. I would love for AMC and OLTL to remain on OWN!!

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  4. Joan Faist says:

    I would love to have AMC and OLTL stay on OWN. Congrats to Oprah.

    Reply

  5. OneLifeMikey says:

    All of us soap fans told Oprah this was the way to go to save her network! We told her this, begging & pleading 2 years ago! So yes! Please!

    Reply

  6. Tali says:

    I love watching OLTL on Hulu but would love them to stay on OWN also!

    Reply

  7. moshane58 says:

    Differently but with low ratings on them will they stay?People need to watch regardless of reruns to prove these soaps have an audiences.We don’t watch we will be the losers not Oprah.They need a network to improve and add more cast.These actors won’t turn down other jobs that pay alot more.Ratings release today where not good….

    Reply

  8. JEM says:

    I think it is funny that for all of Oprah‘s life lesson, change the world, live your best life, New Age crap that she had been airing on her network, the thing that is saving it is good old fashioned soap operas and entertainment. I think OWN started as a big exercise in self-aggrandazing vanity on Oprah‘s part. She didn‘t count on the fact that while people liked her show for an hour a day, an entire network devoted to her was just way too much. She also didn‘t seem to realize that when you have a network, you need shows, and programs, and content. There‘s only so many times one can watch the reruns of Shania Twain‘s life story. I hope AMC and OLTL do get new life on her network. It could mean big things for the soap genre.

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  9. Carol Bryan says:

    I would love for this to happen!!! ABC will now see just how many fans AMC and OLTL really have. Their losing money and OWN is making money!!!!

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  10. Tasha Jones says:

    It is sad that I can not see it on own in Canada. Does anyone know why this is the case?

    Reply

  11. Yolanda Arias-Arenas says:

    I would love for OLTL and AMC to be a part of OWN from now on. It’s great to have the soaps on TV again.

    Reply

  12. Robert in Jersey City says:

    Opes was wrong about soaps….
    Good to see that this shows everyone the genre IS viable.

    Reply

  13. dawnhaze says:

    OWN would be a good home for AMC and OLTL. Hope it comes to fruit.

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  14. su0000 says:

    I hope the soaps will find a TV home, but I am not a rerun watcher of any show.
    I never take the time nor have need to watch something that I have seen and know the outcome.
    Hopefully in the future OWN would run the current episodes for the people who like to watch the Soaps on a network, I’ll still watch via the net, as I’ve done for years.

    Reply

  15. Llanviewer717 says:

    I so hope OWN keeps OLTL and AMC after this summer run.

    Reply

  16. bc says:

    Perhaps oprah should do business w/ victoria rowell’s production of rich and ruthless to partner it w/ “the have and have nots”. It’s no surprise though that rowell has to use kickstarter campaign to fundraise for her project when even director spike le has to use kickstarter for his movie. Yet spike is the most prominent African american director. tyler perry’s soap opera gets a lot of criticism for its portrayal of African americans despite its ratings. While spike and rowell are more similar bec they are vocal abt racial issues.

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  17. Lisa M. says:

    Congratulations on the ratings thanks to the fans. We are making it happen because finally Oprah is putting some good shows on her network. I was not a viewer of OWN until the last year. I am definitely an avid viewer now because of the great shows and interviews that are now shown. I personally am in love with Tyler Perry’s soap The Haves and Have Nots. This soap is awesome and keeps me on my seat. I can’t wait until the episode tonight. Then there is my two favorite daytime soaps AMC & OLTL. I am so glad they were revi\ved and by the numbers for the first 40 episodes tells me the fans are happy too. I have a feeling that Own will be picking up the new episodes also. Oprah now sees by the numbers that we can get her back on top. I watch them faithfully on hulu plus.

    Reply

  18. Shirley Handy says:

    I like The Have and The Have Nots and Love Thy Neighbor. I just started watching these two shows when I heard AMC and OLTL were going to be shown on OWN during the summer. I hope you can keep AMC and OLTL on OWN for everyone that enjoys these shows.

    Reply

  19. Dawn says:

    Can’t see any of those on the Canadian OWN. It really is frustrating and disappointing. Would love to support the network by watching these shows but alas not in Canada. :(

    Reply

    Tasha Jones replied

    I do not understand why this is not on OWN Canada makes no sense?>??

    Reply

  20. brian says:

    “The Haves and the Have Nots” is my favorite show ! I await the new episode each week.

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  21. susan M. says:

    Oprah must be happy that this benefited her cable channel by putting OLTL & AMC on just for the summer. Should have put them on her channel from day one!

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  22. Denise says:

    I personally would like to see AMC and OLTL remain on OWN. Those shows have been a part of my existence ever since the beginning and should never have been cancelled. Awesome programs. The Haves and the Have Nots is in a class by itself, a phenomenal new soap with excellent characters, especially Tika Sumpter. The writing is off the chain, where does TP get some of these storylines from. Tyler and Oprah keep up the good work because obviously you do it well. The ratings speak for itself.

    Reply

  23. Helen says:

    I love watching OLTL on OWN! Lets keep both shows on TV!

    Reply

  24. Cathy Frank says:

    YES!!!! Keep All My Childten & One Life to Live on OWN
    My family & friends would rather watch them on TV instead of the Internet.
    Some older family & friend don’t know how to use the computer. Some do not even have
    computers.

    Reply

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