Buzzing: Winfrey invests in Weight Watchers

Winfrey invests in Weight Watchers

Her talk show might be gone, but the "Oprah Effect" clearly endures. After Oprah Winfrey said on Monday that she would buy a 10 per cent stake in Weight Watchers for US$43.2 million (S$60 million) and take a seat on the board, the weight-loss company's slumping stock doubled to US$13.92 a share, adding about US$400 million to its market value. For years, she has helped make many little-known brands wildly successful by endorsing them through one of the media ventures that made her a billionaire. But this is the first time she has made such an investment in a public company.


Back To The Future again? Maybe not

A fourth movie in the Back To The Future series looks unlikely, one of the films' executive producers said on Monday, as fans of the time- travelling comedies gear up this week to mark the exact day that Marty McFly travelled to from 1985. Christopher Lloyd, who played Dr Emmett "Doc" Brown in the trilogy, told The Hollywood Reporter last week he would reprise the role if the whole cast, including Michael J. Fox, who played McFly, and director Robert Zemeckis returned.

A version of this article appeared in the print edition of The Straits Times on October 21, 2015, with the headline 'Buzzing: Winfrey invests in Weight Watchers'. Print Edition | Subscribe