It's official: Oprah Winfrey can do it all.

The talk show queen and Discovery Communications announced today that she'll get her own network, OWN - the Oprah Winfrey Network. The Discovery Health Network will be turned over to her next year.

"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," said David Zaslav, Discovery Communications chief.

Oprah will turn over her Web site to Discovery, while she is made chairman of the network.