May 9th, 2012 - 8:30 am | Posted by Shirea L. Carroll

Oprah’s OWN Network Suffering $330 Million In Losses!!!

Businessweek reports that OPRAH‘s OWN network is approaching a mega loss of $330M since its debut.

Over the weekend, the highly talked about and hated on network, was said to have already loss over half on the $600 million that was invested to get it up and running in 2011.

Despite a recent rise in ratings with shows Oprah’s Lifeclass and Oprah’s Next Chapter, the network is still failing so much one Wall Street analyst called the channel the most “successful failure in television today.”

OPRAH did say that OWN may not reach its full potential until 2014, and if one woman in this world can make it work – it’s the big O.

Shirea L. Carroll Shirea L. Carroll Shirea L. Carroll has found time to successfully become a web editor, culture critic, entertainment reporter, webisode producer, and host--all under the age of 30. She has held positions in entertainment reporting, writing, and TV hosting at VIBE, VIBE.com, Essence, AOL Black Voices, Washington Post’s theRoot.com, and Blackbook interviewing some of entertainment biggest celebrity names. Creator of the ever-popular web series Reality Decomposed, Shirea has made a career in creating and executing memorable quality work based in humor, realness, and class. Follow Juicy's web editor @ShireaCarroll and check her uncensored tweets @InviteOnly
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