Oprah Winfrey to shut down Harpo Studios in Chicago

Los Angeles: TV mogul Oprah Winfrey has revealed her Harpo Studios in Chicago will be shut down by year's end in favour of a transition to OWN headquarters in LA.

This move marks an end to Harpo's 26-year run in the Windy City, said the Hollywood Reporter.

OWN -- The Oprah Winfrey Network - has just moved into its new space at West Hollywood's The Lot.

"I've spent more hours in this building than I have any other building on Earth.... We were here when there was nothing but hoes and rats on the street, and now it's one of the hottest neighbourhoods [in Chicago]," she said.

The talk-show host and actress, 61, added, "The time had come to downsize this part of the business and to move forward. It will be sad to say goodbye, but I look ahead with such a knowing that what the future holds is even more than I can see."

Winfrey noted that the top OWN execs had been going back and forth between Chicago and Los Angeles and that she wanted all her operations in one place.

OWN has been around for the past four years and plans to expand further. Around 200 employees will be impacted by the closing of the Chicago offices.