According to the Associated Press, the media maven recently purchased a 10 percent stake at Weight Watchers for approximately $43.2 million. The acquisition scored the businesswoman nearly 6.4 million shares of the company. As a result of the five-year partnership, Weight Watchers has earned the right to use Winfrey’s name, image, likeness and endorsement for the brand’s programs, products and services with her approval. Oprah has also received the right to use the Weight Watchers brand and logo for collaborative promotional efforts. Winfrey will also be joining the weight loss and maintenance company’s board of directors. With the television personality’s recent inclusion, the Weight Watchers board has expanded from nine to ten members. [ MadameNoire ] Bobby Brown To Release ‘My Prerogative’ Memoir Detailing Bobbi Kristina’s Death Since the tragic death of Bobbi Kristina, Bobby Brown has only talked about his daughter in-depth once. Last month, Brown and his wife visited the daytime talk show The Real, where offered heartfelt words about Kristina and the guilt he felt about not being able to come to her rescue in time. Now, it has been recently reported and confirmed by Dey Street Books that Brown is penning a memoir, reasonably titled My Prerogative, as reported by US Weekly. Slated as a tell-all of his controversial life – including details of Kristina’s death, “the book, out June 2016, promises to “tell the full story of his life and set the record straight, particularly about his relationship with Whitney Houston,” a release from the publishing house explains. Brown had already arranged and signed off on the book deal prior to his daughter’s hospitalization… [ MadameNoire ] Butthurt Racists Threaten To #BoycottStarWars Over Black Lead Character The trailer for the final Star Wars: The Force Awakens film has a lot of racists (and sexists) upset because the cast is fronted by a Black guy, and a woman. You can’t please everybody. Once the trailer dropped, racist Twitter immediately went into defense mode. It’s been concluded that Star Wars director J.J. Abrams is suffering from self-hate because of the casting choices, and thus the #Boycottstarswars hashtag was born. This argument is of course so stupid that it doesn’t really even deserve the attention, but everyone gets fair billing here at Hip-Hop Wired — even the a**holes complaining about nonsense. Seriously, who raised these people? [ HipHopWired ] Tamar Braxton Performed Janet Jackson’s “Rhythm Nation” On ‘Dancing With The Stars,’ And Killed It [ VibeVixen ] Snoop Dogg Passes Out Mixtape CDs to Police [ TMZ ] 10 Contemporary African Artists You Don’t Know But Should [ HuffingtonPost ] Joe Giudice Deported? ‘RHONJ’ Couple Will Move To Italy Together If Need Be [ StarPulse ]
Original post:
Oprah Buys Stake In Weight Watchers For $43.2 Million
