Just when you thought she had it all, Oprah Winfrey has added a new facet to her empire: her own TV network.

The Discovery Health network will be reinvented by Oprah next year and be renamed OWN — the Oprah Winfrey Network.

"The focus of the channel will be the focus of Oprah's brand, which is the educate and inspire people to live the best life they can," Discovery Communications chief David Zaslav said. As part of the deal, Winfrey turning over her Web site to Discovery Communications and Oprah will be names chairman of the network.