Is OWN network owned by Oprah?

Excuse me, could you clarify if the OWN network, known for its diverse programming and often associated with the iconic Oprah Winfrey, is actually owned by her personally? Is there a direct LINK between her name and the ownership structure of this network, or is there some misconception in the public perception? I'm curious to know the exact relationship between Oprah and the OWN network's ownership.