Wednesday, July 31, 2013

Tyler Perry and Oprah Winfrey partnership deal yielding results as OWN begins to make money faster than anticipated

The partnership between Oprah Winfrey and Tyler Perry has yielded results - only 9 months after it was announced that Perry would start to produces shows exclusively for OWN - Oprah Winfrey's Network.

OWN is making money four years after its debut, as stronger ratings and advertising growth helped turn around the joint venture with Discovery Communications Inc. sooner than expected.

The news was a bright spot for Discovery, which jointly owns the two-year old channel. Discovery Chief

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