Oprah Set to Bolt ABC

Move will wound ABC, CBS—and Winfrey?

(NEWSER) - Oprah's decision to end her network show in 2011 is a risky bet on cable TV that will cost CBS millions of dollars and ABC stations millions of viewers. Oprah will concentrate solely on her long-delayed cable channel, OWN, though it’s not clear how yet. She’s told her staff that she won’t simply move the show, the New York Times reports. More likely, she will appear occasionally on various OWN programs. But will Oprah remain a cultural touchstone on cable? More»

From election-night snafus to the WGA strike

(NEWSER) - It’s been an embarrassing decade for TV networks, as the Hollywood Reporter proves with its list of the aughties’ biggest industry mistakes:

1. Hollywood writers’ strike: It was unnecessary and “mutually destructive”—and for viewers, “has there ever been a longer 14 weeks?”
2. ABC’s rejection of CSI: The show has scored $6 billion for CBS and prompted spurned producer Jerry Bruckheimer to walk out on Disney.

Discovery Channel to media mogul: 'Move it or lose it'

(NEWSER) - The long-awaited launch of Oprah's cable network is set for early 2011, and her syndicated talk show will move to the new Oprah Winfrey Network—and from Chicago to Los Angeles. The switch from Discovery Health Channel to OWN was originally set for mid-2009, and Discovery threatened to rescind the offer, saying it wanted her to "move it or lose it," Nikki Finke of Deadline Hollywood reports. More»

Move will cut head count by 30 people

(NEWSER) - This week on Oprah: dealing with unemployment. The Oprah Winfrey Network is laying off a fifth of its workers as part of a major restructuring at the cable network, which has struggled for ratings since its launch last year, AP reports. "It is difficult to make tough business decisions that affect people's lives, but the economics of a start-up cable network just don't work with the cost structure that was in place," Winfrey said in a statement. More»

NBC made one last run at its old sweetheart

(NEWSER) - ABC has at long last officially announced that it's signed Katie Couric to host an afternoon talk show , beating out a last-minute push from NBC. In a statement , the network said it had a "multi-year, multi-platform" agreement with the former CBS anchor, that will also include appearances on all of ABC's other news shows. Details of what the New York Times calls "one of television's worst-kept secrets" have not yet been released, but Couric will be co-owner of the program and will share in the profits. More»