OWN: Oprah Winfrey Network Finally Turns A Profit

OWN: Oprah Winfrey Network

In May of this year, , CEO, , stated that OWN: Oprah Winfrey Network would turn a profit for the first time at some point later this year. The network, which launched January 1, 2011 as a replacement of the Discovery Health Channel, has done it ahead of schedule.

Citing “” and “Love Thy Neighbor” as “bona fide hits,” which together have increased the networks standings in the all important key Women 25-54 demographic by 39%, Zaslav announced during a conference call this morning that the network was “cash flow positive” in the just completed second quarter (June 2013). Additionally, OWN experienced the highest growth of any cable network in the quarter aided by gains in advertising and an increased subscriber base.

Available in more than 80 million cable and satellite television equipped homes, the good news at OWN kept on coming with word that the third season premiere of “Welcome to Sweetie Pies” on Saturday, July 27 registered the series its highest ever. “Pies” averaged 1.1 million viewers and a 1.0 rating in the Women 25-54 sales demo, according to Nielsen Media Research data.

Information on the success or non-success of “” and “,” which began airing on OWN on July 15, will not be indicative until the completion of the third quarter in the coming months.

  • Over4tea

    The scheduling of AMC and OLTL on OWN is horrible. They should have one episode of each show each weekday afternoon, rerun both programs in the evening, and re-air the week’s episodes on the weekends in two blocks like Soapnet did. Why do they air their latest episode twice in a row? It’s especially hurting the ratings of OLTL. Whoever came up with this schedule is clueless.

    • Gabby

      Why can’t you just be damn glad Oprah got it and we get to see it & yes I too would like to get to see the reruns in the night.

    • Rachel Cole

      I’m curious. Are you happy to have the shows back at all? Because if you are….maybe you should stop bitching and simply support the shows. This has NEVER been done before…..it’s brand new territory for EVERYONE. Negativity, griping and complaining does nothing for anyone. So maybe an attitude adjustment is in order. Scratch your mad and get glad….glad that we have our shows back PERIOD!

      • Over4tea

        I’m glad the shows are back, but I’m complaining about the schedule. I also don’t like that there are only 2 new half-hour episodes every week. I would like 5 a week. But I’ll take it if it’s the best they can do for now. I’m encouraged that the ratings went up the second week on OWN. There is a chance to improve them even more with better scheduling.

  • oltl

    I would watch on OWN also if they would schedule a repeat episode at night or on the weekends.

  • mae mae brown

    I love that the soaps are back, and even better than they were before. Thanks O. Please keep up the good work. I’m one of your biggest supporters.