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ESPN Inc. is an American multinational sports media conglomerate majority-owned by the Walt Disney Company, with Hearst Communications as an equity stakeholder. [1] Headed by James Pitaro, it owns and operates local and global cable and satellite television variants of ESPN, ESPN2, ESPN Radio, ESPN.com, ESPN+ and other related ventures. [2] [3] [4]
- September 7, 1979; 44 years ago
- Sports broadcasting
Jan 28, 2020 · The ESPN logo. Mike Windle/Getty Capital Cities/ABC, Inc., which owns 80% of ESPN, was bought by Disney in 1996 for $19 billion , according to the New York Times.
- Talia Lakritz
ESPN (an abbreviation of its original name, the Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by The Walt Disney Company (80% and operational control) and Hearst Communications (20%) through the joint venture ESPN Inc.
- September 7, 1979; 44 years ago
- ESPN Inc.
Who owns ESPN? Who owns ABC? Does Disney own Marvel, Lucasfilm, and Pixar? The answer is yes, and more — a lot more. We’ve made a map of the companies owned by Disney along with the wide swath of departments and Walt Disney Company subsidiaries.
ESPN is 80 percent owned by ABC, Inc. (an indirect subsidiary of The Walt Disney Company) and 20 percent by Hearst. Based in Bristol, Conn., ESPN has approximately 3,800 employees (4,600 worldwide). ESPN Plaza includes more than 1.3 million square feet in 19 buildings on 120 acres (additional 200,000+ sq. ft. rented in two locations nearby).
This is a list of assets currently or formerly owned by the Walt Disney Company, unless otherwise indicated. As of August 2023, Disney is organized into three main segments: Disney Entertainment which includes the company's film and TV assets as well as streaming; ESPN (including ESPN+); and Disney Experiences.
Aug 28, 2021 · Advertisement. Walt Disney 's ESPN is looking to license its brand for at least $3 billion over the course of several years amid a boom in the sports-betting industry, The Wall Street Journal...
