The recession is finally taking it's toll on the talk show queen!
If Oprah decides to renew her distribution deal with CBS Television in 2011, she may be seeing a smaller paycheck! TV stations have had it with Harpo's large price tag that comes with the rights to air the daytime talk show.
Variety [...]
The recession is finally taking it's toll on the talk show queen!
If Oprah decides to renew her distribution deal with CBS Television in 2011, she may be seeing a smaller paycheck! TV stations have had it with Harpo's large price tag that comes with the rights to air the daytime talk show.
Variety explains:
“Stations have made it clear to [Winfrey's production company] Harpo that if she does come back, they’ll significantly reduce the license fees they pay. Station revenues are down 40 percent to 50 percent, but they’re paying license fees projected on revenue remaining the same. Plus, her ratings are going down. She’s still the queen, but that’s an enormous problem.”
Ouch!
But will Oprah even notice a pay decrease? She's got millions upon millions in the bank!
[Image via AP Images.]
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