OPRAH WINFREY has been stripped of executive powers at her struggling OWN network.
The National Enquirer explains:
IN a humiliating power coup, OPRAH WINFREY has been stripped of executive powers at her struggling OWN network and now pals fear the worst is yet to come!
The media mogul was reduced to tears when her chief financial backer decided to curtail her control over the network she had worked her fingers to the bone to launch, say sources.
While Oprah retains her title of CEO, it’s in name only, revealed the insider.
“They now realize that she was too inexperienced to run the net¬work,” said the insider. “So she was stripped of her power. She’s no longer in a position to make executive decisions or hire staff without consulting top Discovery executives first.”
“Her closest friends, including BFF Gayle King, are rallying to give her support during what she’s calling ‘one of the lowest points’ of her life. But Oprah’s emotional condition continues to deteriorate.”