Entertainment

via BCNN1: Discovery Communications¬†is paying $70 million to take a majority interest in OWN: Oprah Winfrey Network. Until now, OWN had been a 50-50 joint venture between the television star and the cable programming giant. The deal, announced Monday, increases Discovery‚Äôs ownership stake in the basic cable channel by an additional 24.5% to nearly 75%. […]