*Oprah Winfrey’s forthcoming cable network OWN has acquired the TV rights to the critically acclaimed film “Precious” from Lionsgate.

“Precious,” which Winfrey executive produced along with Tyler Perry, Lisa Cortes and Tom Heller, will begin running on the network starting in summer 2012, according to the Hollywood Reporter.

“‘Precious’ is the perfect film for OWN,” said CEO Christina Norman. “It’s a powerful film of self-discovery and empowerment, and I know it will resonate deeply with our audience.”

OWN (Oprah Winfrey Network) also acquires additional Lionsgate titles as part of the “Precious” deal.

The film has so far earned $45 million at the box office and received six Oscar nominations.