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NEW YORK Oprah Winfrey’s media empire just expanded its borders, as the popular daytime talk-show host is getting set to launch her own cable network.
In a deal announced early Tuesday afternoon, Winfrey has forged an alliance with Discovery Communications, inking a pact with the cable powerhouse that will transform Discovery Health Channel into OWN: The Oprah Winfrey Network.
The network is slated to launch in the second half of 2009. Under terms of the partnership, Winfrey will serve as chairman of OWN, a 50/50 ownership split between Discovery and her media company, Harpo Productions.
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