11/18/2011 04:16 pm ET | Updated Nov 18, 2011

Oprah's New Show: 'Oprah's Next Chapter' Debuts New Year's Day (VIDEO)

Oprah may have her hands full with her television network, but 2012 is about to get even busier with the premiere of her new primetime series on OWN.

The Hollywood Reporter reports that "Oprah's Next Chapter," debuts on New Year's Day. The two-hour premiere, which will air at 9 p.m., will feature Oprah's chat with Aerosmith's Steven Tyler.

The show will feature Oprah talking to public figures, including Sean Penn, George Lucas and Paula Deen, and other people outside of the studio. "After 25 years I got myself out of the studio chairs. I moved into the next chapter, and I am having more fun than ever -- moving around the country and the world talking to people I'm really interested in getting to know and I think viewers will be, too,” Winfrey said in a statement.

The show, which was first announced in 2010, is one of several new additions to OWN's line-up. The network also announced a new reality show featuring supermodel Beverly Johnson. These changes are the latest efforts to bolster the young network's ratings.

The news comes on the heels of Gayle King's announcement that she will be leaving her show on OWN to anchor CBS' morning show.