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Oprah Winfrey appeared on “CBS This Morning”and admitted that she had made mistakes while creating her OWN cable channel but promised the fledging network would still succeed with a new strategy.

The talk show queen who recently laid off 30 staffers at the 15-month-old network after poor ratings, reveals that she had been ill-prepared for the venture, and said:

“I will die in the midst of doing what I love to do and that is using my voice and using my life to try to inspire other people to live the best of theirs.”