This was an emotional announcement by Oprah on her show, telling her audience her decision to retire in 2011, on her 25th season into the Oprah Winfrey show.
She won’t be out of the entertainment business though. She plans to launch her own channel on cable TV, and she named it OWN, which stands for Oprah Winfrey Network.
It’s sad to see Oprah go after all these years on tv, and I’m sure it’s a sad day for her fans. But hey, she did good. Real good actually. She gave us the Oprah Winfrey show, and in return The Oprah Winfrey Show gave her $2.3 Billion.