Discovery raises stake in Oprah Winfrey Network
Oprah Winfrey
(Reuters) - Discovery Communications Inc said on Monday it had raised its stake in its joint venture with  TV mogul Oprah Winfrey  to more than 70 percent.
FILE PHOTO:  Oprah Winfrey  smiles at the premiere of "The Immortal Life of Henrietta Lacks" in New York  U.S. April 18  2017. REUTERS/Shannon Stapleton
Discovery paid $70 million to acquire an additional 24.5 percent stake in the Oprah Winfrey Network from Harpo Inc  founded by  Winfrey .
 Winfrey   who will retain a minority interest and continue in  her  role as chief executive of OWN  has extended  her  commitment to the network through 2025  Discovery said.
(Reuters) - Discovery Communications Inc said on Monday it had raised its stake in its joint venture with  [TGT] to more than 70 percent.
FILE PHOTO:   [TGT]   smiles at the premiere of "The Immortal Life of Henrietta Lacks" in New York  U.S. April 18  2017. REUTERS/Shannon Stapleton
Discovery paid $70 million to acquire an additional 24.5 percent stake in the Oprah Winfrey Network from Harpo Inc  founded by  [TGT]  .
 Winfrey   who will retain a minority interest and continue in  her  role as chief executive of OWN  has extended  her  commitment to the network through 2025  Discovery said.