"We are extremely bullish now on where OWN is," Warren said. "Oprah is in the right place. She's dedicated to it. She gives it all her time and attention."
Silver Spring, Md. , cable programmer, turned cash-flow positive for the first time in the second quarter.
How long will it take OWN to repay its debt to Discovery? "It's not forever and it's not next year," said Warren, but "you will see an accelerated level of cash flow to us" as affiliate fees rise and ratings increase.
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