Oprah's getting even richer... - GoFuckYourself.com

SykkBoy · 10-09-2007, 02:01 PM

NBC to Buy Female Focused Oxygen Media for $925 Million

Quote:

NEW YORK, ? NBC Universal said on Tuesday it would buy Oxygen Media, the cable channel that caters to women and was co-founded by Oprah Winfrey, for $925 million in a bid to win a larger female audience and more closely link its TV and Internet businesses.

NBC Universal will add Oxygen, a network available in more than 74 million homes, to a cable TV business that already includes Bravo, USA, Sci-Fi, CNBC and MSNBC. The deal is expected to close in November.

NBC Universal, which is majority-owned by General Electric Co (GE), also said Oxygen complemented the iVillage.com Internet community site for women that it bought for $600 million in 2006.

NBC envisions Oxygen, along with the Bravo and iVillage properties, delivering a range of options to advertisers to reach the demographic of young women and affluent women, NBC Universal Chief Executive Jeff Zucker said on a conference call.

Zucker also said the media company would consider taking a look at further acquisitions of cable networks, which now account for about 50 percent of the NBC Universal's profits.

"As we've said all along, cable is the real driver of this company," he said. "It's something we will always take a look at and always be interested in. There is nothing specific at this point, but we're always be opportunistic about other cable networks."

Oxygen was founded by Geraldine Laybourne, who will remain CEO through the end of the year, along with talk show host Oprah Winfrey. Microsoft Corp.(MSFT) co-founder Paul Allen has been one of its key investors.

NBC Universal said it paid about $12 for each subscriber in the deal, compared to the $22 per subscriber it paid in the deal for Bravo.

The acquisition "certainly makes sense in terms of focused demographics," said Richard Steinberg, president of Steinberg Global Asset Management. "As channels and choices for viewership become broader, the focus has to be much more targeted and not broad-stroked.

"The investment community and the media in general are extremely short-cycle-driven," said Steinberg, whose firm owns GE stock, "whereas GE and NBC Universal's Zucker certainly has a long term vision for the business and he's been enabled by senior management to try to accomplish it."

NBC Universal will fund the deal largely through the sale of certain assets, including one independent Telemundo television station in Los Angeles and another in Puerto Rico.

The company said that net of financial assets, the purchase price is about $875 million. It expects the acquisition to add to earnings after the first full year and to provide revenue and cost savings of about $35 million in 2008.

http://www.foxnews.com/story/0,2933,300547,00.html

2012 · 10-09-2007, 02:04 PM

lucky me

sortie · 10-09-2007, 02:14 PM

Oprah is so pro-female that she's become anti-male.

Brother Bilo · 10-09-2007, 02:16 PM

Quote:

Originally Posted by sortie

Oprah is so pro-female that she's become anti-male.

And she's not even an angry bull dyke, they're the only ones I usually peg for manhaters.

GAMEFINEST · 10-09-2007, 02:19 PM

she is a business man ....woman i mean

2012 · 10-09-2007, 02:25 PM

Quote:

Originally Posted by sortie

Oprah is so pro-female that she's become anti-male.

all those shows are anti-male ...
its always the dumb cheater husband and the poor woman ...

Even watch Maury Povich ? thats a good one.

Noe · 10-09-2007, 03:17 PM

I always thought that channel sucks, but marketing wise the demographics are great...makes sense I guess.

webgurl · 10-09-2007, 03:54 PM

I think Oprah makes more money than everyone on GFY
combined hehehehe

MissMina · 10-09-2007, 05:40 PM

I love Oprah! MY HERO! Good for her. She's overcome some shitty obstacles in her life and comes out out on top. She's set for 10 lifetimes + She's accomplished so many things being a black female.

gecko · 10-09-2007, 07:35 PM

The rich get richer

pornask · 10-09-2007, 07:41 PM

I'm sorry, who's Oprah?

Spunky · 10-09-2007, 07:42 PM

She needs the money..Poor Oprah

fatfoo · 10-09-2007, 09:48 PM

Quote:

Originally Posted by webgurl

I think Oprah makes more money than everyone on GFY
combined hehehehe

that's no shit, and she probably doesn't even visit gfy

pussyserver - BANNED FOR LIFE · 10-09-2007, 09:53 PM

Quote:

Originally Posted by fatfoo

that's no shit, and she probably doesn't even visit gfy

yeah she does but shes a newb

fatfoo · 10-09-2007, 10:26 PM

Quote:

Originally Posted by pussyserver

yeah she does but shes a newb

kmanrox · 10-09-2007, 10:34 PM

Quote:

Originally Posted by MissMina

She's set for 10 lifetimes

she's set for a million lifetimes i think

fatfoo · 10-09-2007, 10:40 PM

Quote:

Originally Posted by kmanrox

she's set for a million lifetimes i think

She better watch her back, or her one life will be cut short by a bunch of gangster motherfuckers who wanna steal her fat wallet!

10-09-2007, 02:04 PM	#2
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	lucky me __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

10-09-2007, 02:14 PM	#3
sortie Confirmed User Industry Role: Join Date: Mar 2007 Posts: 7,771	Oprah is so pro-female that she's become anti-male. __________________

10-09-2007, 02:19 PM	#5
GAMEFINEST Make STACK$ Industry Role: Join Date: Nov 2006 Location: sexy time Posts: 14,474	she is a business man ....woman i mean __________________ Compound interest.

10-09-2007, 03:17 PM	#7
Noe Confirmed User Join Date: May 2004 Posts: 1,082	I always thought that channel sucks, but marketing wise the demographics are great...makes sense I guess. __________________ www.xxxcontentdirect.com www.extremefeeds.com ICQ: 169980934 [email protected]

10-09-2007, 07:35 PM	#10
gecko ****** Join Date: Jun 2002 Posts: 21,846	The rich get richer __________________ [email protected]

10-09-2007, 03:54 PM	#8
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	I think Oprah makes more money than everyone on GFY combined hehehehe

10-09-2007, 05:40 PM	#9
MissMina Confirmed User Industry Role: Join Date: Jan 2004 Posts: 2,478	I love Oprah! MY HERO! Good for her. She's overcome some shitty obstacles in her life and comes out out on top. She's set for 10 lifetimes + She's accomplished so many things being a black female.

10-09-2007, 07:41 PM	#11
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	I'm sorry, who's Oprah?

10-09-2007, 07:42 PM	#12
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,970	She needs the money..Poor Oprah __________________ *YOUR INFORMATION HERE*