New York, November 7 : Oprah Winfrey has reportedly set a deadline on whether she wishes to renew her talk show contract with channel bosses.

The 53-year-old chat queen will allegedly make the decision to go on or not by December 31.

Meanwhile, industry experts believe the star has enough reasons to stick around.

"Why would she walk away?" the New York Post quoted Marc Berman, who writes for Mediaweek magazine, specializing in TV syndica- tion, as saying.

"She''s No. 1, and she''s got her talk show down to a science. She''s a very smart businesswoman, and she''s not going to walk away from this," he added. (ANI)