Oprah And Kraft Heinz Just Announced A Huge Joint Venture

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Get ready for some possibly very delicious foods.

Oprah Winfrey and Kraft Heinz, the maker behind Heinz ketchup, announced on Wednesday that they would be forming a joint venture to develop a new line of food products in the U.S.

The joint venture called Mealtime Stories, will initially make ready-to-eat refrigerated products across multiple categories and Kraft Heinz will initially develop, manufacture, market and sell this new line of food products.

An amazing 10 percent of its profits will be donated to charities focusing on ending hunger.

Disclaimer: We have no position in Kraft Heinz Co. (NASDAQ: KHC) and have not been compensated for this article.