How the power players do it - by Fortune editor at large Patricia Sellers
Type Size  -  +
November 20, 2009, 3:43 pm

Behind Oprah’s next big move

by Patricia Sellers

Now that Oprah Winfrey is talking about her life-changing moves–to cable from broadcast TV and to Los Angeles from Chicago–I have to say: I’m not surprised at all.

After all, Oprah, who says she’ll end her daytime show in September 2011, does things only one way: with her full self in the game.

What I know for sure (and she does too): Building a major cable network will take all of the most popular woman on TV.

When I spoke with Winfrey a year ago (on the afternoon of Election Day 2008, when she was flying high as Barack Obama was hours away from winning the Presidency), she told me about her plans to go into cable. We were talking because I was profiling Tom Freston, the former CEO of Viacom (VIAB), whom she had chased around the world–literally–trying to lure the peripatetic corporate refugee to run Harpo, her media conglomerate.

Winfrey, 55, didn’t persuade Freston to become her CEO. But she did bring him on as a consultant to OWN, the cable network about empowerment and life purpose that she’s now in the throes of developing. “I believe in signs,” Winfrey told me that day, going on to explain how David Zaslav, the CEO of Discovery Communications (DISCA), first lured her to think about moving from broadcast to cable. Visiting her at her Harpo office in Chicago in May 2007, Zaslav said to her: “Today, there’s MTV and CNN and Discovery and a few brands that will impact people in years ahead.”

Zaslav, a former NBC Universal (GE) executive who was aiming to build his own legacy at Discovery, asked Winfrey to think about owning her own TV platform as a way to extend her presence after she’s no longer here physically.

The “sign” Oprah saw? She grabbed Zaslav’s hand, led him to her desk, and pulled a piece of paper from her drawer. On the piece of paper, she had written a note to herself, years earlier, plotting her own TV network: OWN: the Oprah Winfrey Network. This was the same name as Zaslav was suggesting she call her new channel.

And so it is OWN–a Los-Angeles-based venture that’s been marked by repeated launch delays. In February, when I did the Freston story, the target date was early 2010; now it’s January 2011.

Developing a new major network is no easy task. But OWN is taking over the prime TV “real estate” of Discovery Health, which will put it in 70 million homes at its start. That’s a huge help. Still, it isn’t as big a plus as OWN’s No.1 asset: Oprah herself.

Filed under FORTUNE MPWomen, media
0 Comments | Add a Comment | Email
CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.
Anne Mulcahy Anne Mulcahy: A new global challenge
Chairman and CEO of Xerox
Sheryl Sandberg Sheryl Sandberg: Don't leave before you leave
COO of Facebook
Carol Bartz Carol Bartz: Just deal with it!
CEO of Yahoo
From CEO to candidateFormer eBay boss Meg Whitman talks about her plans for California. Watch
Paula Deen's American dreamRestaurant entrepreneur and Food Network star shares her life story. Watch
Pattie SellersPatricia Sellers has written some of Fortune's most talked-about cover stories, including "Can Meg Whitman Save California?", Melinda Gates ("The $100 Billion Woman"), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). And she has broken ground with insightful pieces on career management issues such as ego ("Get Over Yourself!"), and "Charisma: Do You Need It? Can You Get It?" Pattie chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. And she has helped oversee Fortune's "Most Powerful Women in Business" cover package since its launch in 1998. She started at Fortune in 1984, covering the big consumer brand companies.
Subscribe to Postcards: RSS feed | email newsletter

Every year Fortune and the U.S. State Department sponsor the Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. to work closely with participants of the annual Fortune Most Powerful Women Summit - among them CEOs Andrea Jung of Avon, Ann Moore of Time Inc., and Ursula Burns of Xerox.
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer
Powered by WordPress.com VIP.