There are whispers that Oprah no longer runs things as CEO of OWN, but has her performance thus far warranted the downgrade?
The National Enquirer reports that OWN’s main financial backer, Discovery Communications, stripped O of her executive power at the network. She’s still CEO of OWN, but it’s largely just a title and she has no official pull at the network branded with her name.
Supposedly, Discovery took the reigns from Oprah due to abysmal ratings and her lack of experience helming a network. Neither Oprah nor Discovery Communications have commented on the rumors, but let’s take a look at her track record.