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NBC Universal buying Oxygen Media

By Laurie Bennett | October 9, 2007 at 5:50pm | 0

Oprah Winfrey just got a little richer.

NBC Universal announced today that it would buy Oxygen Media, the cable TV network founded by Winfrey, CEO Geraldine Laybourne and three TV producers, for $925 million.

The purchase is yet another indication from NBC Universal that it is targeting women viewers. Other Universal properties with significant female audiences include iVillage, Bravo and the Today show.

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