In this episode, I provide a potential strategy that Oprah Winfrey could use for her Own Cable Network and generate Billions in shareholder value. On December 22, 2020, Madeline Berg announced that Oprah Winfrey had sold 20.5% of her OWN Cable Network to Discovery for 1.34 million shares. The deal figures suggest that the OWN's value had dropped by 37% since 2017 when Discovery initially purchased a 24.5% stake in the company. Oprah's activity up to and after the sale indicates that she may be exiting the network and focusing more on content creation (which helped her become a billionaire).
What could Oprah have done differently? Check out this episode.
If you like this episode, please check out my book, Guerrillapreneur: Small Business Strategy for Davids Wanting to Defeat Goliath, available on Amazon, Barnes & Noble, and iTunes Bookstore, and more.
https://www.amazon.com/dp/B00BR9YNWO/ref=cm_sw_em_r_mt_dp_U_vHAaDb4MP6K8P
If you like The Strategy Doctor Podcast, then you might also like my other three business podcasts:
1. Guerrillapreneur: The Art of Waging Small Business Warfare (Mastermind Interviews with Entrepreneurs, Consultants, and Business Mavericks) - https://www.spreaker.com/show/guerrillapreneur-podcast
2. Gigging: Everything and Sharing Economy (news and predictions about the Sharing Economy) - https://www.spreaker.com/show/gigging-everything-sharing-economy
3. Career Coaching Xs and Os (career advice for the executive seeking the corner office) - https://www.spreaker.com/show/careercoaching-xs-and-os
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Sources:
Berg, M. (2020, December 22). Oprah Winfrey Just Sold Most Of Her Stake In Her OWN Cable Network. Retrieved January 03, 2021, from https://www.forbes.com/sites/maddieberg/2020/12/22/oprah-winfrey-just-sold-most-of-her-stake-in-her-own-cable-network/?sh=6c8de5242546
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