Oprah Winfrey Selling Harpo Studios
But studio will remain on property for 2 more years
By Newser Editors and Wire Services
Posted Mar 17, 2014 8:13 AM CDT
This May 11, 2011, file photo shows talk-show host Oprah Winfrey reacting after a street outside her Harpo Studios in Chicago was proclaimed "Oprah Winfrey Way."   (M. Spencer Green)

(Newser) – Oprah Winfrey is selling Harpo Studios in Chicago to a developer, but the studio will remain on the property for another two years. Winfrey filmed The Oprah Winfrey Show at the studio from 1990 to 2011, when she ended the talk show to start the Oprah Winfrey Network on cable. About 200 people work at the 3.5-acre campus in Chicago's West Loop, which will sell for about $32 million, Crain's Chicago Business reported yesterday.

"We expect the transaction to be closed in 30 days. The property will be leased back to Harpo for two years and the studio will continue to produce programming for OWN," Harpo told Crain's in a statement. When Winfrey moved to Harpo Studios in 1990, she was credited with transforming the once-gritty industrial area to a neighborhood filled with families and trendy restaurants. In 2011, then-Chicago Mayor Richard Daley named the street outside Harpo Studios "Oprah Winfrey Way."

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Mar 19, 2014 1:09 PM CDT
I look at that picture, and think to myself...no ego is greater than a billionaire woman dressed like Barney the Dinosaur.
Mar 17, 2014 9:17 PM CDT
Let's give her the benefit of the doubt on cashing out...and see if she buys some Detroit land and helps rehab the place.
Richard Kaye
Mar 17, 2014 5:01 PM CDT
Oprah Winfrey has to be considered an icon in show business because that is what she always was. She certainly has done some very good things over the years, but her EGO has gotten so LARGE that there is no longer enough space to contain it--perhaps an outer-space station? It got so that Oprah would not even let her so-called experts weigh in on topics. Oprah always interrupted them to give her point of view, and the experts were reduced to validating Oprah's "take" on a topic usually with a shake of their heads. And, never forget that we will never forgive Oprah for giving Dr. Phil his entre into show business. Oprah still has that "OPRAH" way of "bullying" her audience with a simple twist of her head that states, very simply, "You have to agree with me because I am Oprah." Actually, Oprah, we do not agree with you at all. WE appreciate all that you have done, but it is time to say "GOOD-BYE, ARRIVEDERCI, CIAO, AU REVOIR, AND DON'T LET THE DOOR HIT YOU IN THE ASS ON YOUR WAY OUT!!!!" ALL OUR LOVE, DOMINIC, REECH-ARD, THE PETS, AND THE DIVINE MARIA CALLAS