Description:Great news! Oprah will still host her fan favorite after Oscars special, even though her show no longer exists.
Oprah announced on Thursday that she will be moving her Oscar special to her television network, OWN. The special, which will air over a week before the Academy Awards ceremony, is expected to become a yearly franchise for the cable network.
Her Oscar specials were some of "The Oprah Winfrey Show's" highest-rated programs. Oprah's special will differ from her notable "After-Oscar Party(0:59)