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Thursday, October 6, 2011

OPRAH WINFREY'S NEW TV STATION AN UNDERDOG IN THE RATINGS GAME!

NEW YORK - Watch out Oprah, there's a savvy pop star and an ambitious real housewife nipping at your financial heels.

Oprah Winfrey remained the entertainment world's top woman earner, but Lady Gaga and Bethenny Frankel, one of the original housewives in the "Real Housewives of New York," are moving quickly up the ranks of the rich, according to Forbes.com.

Winfrey held on to the top spot with $290 million in earnings from May 2010 to May 2011 and an estimated net worth of $2.7 billion.

But Winfrey's daytime talk show, which she wrapped up in May, was her chief money earner and her newly launched cable network, OWN, has drawn paltry ratings since its January launch.
"The network has a long way to go before advertisers start paying the kind of rates Winfrey was charging for her syndicated show," said Forbes' Dorothy Pomerantz, who compiled the list by culling information from agents, managers, lawyers and others in the know.

- Reuters
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