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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]Founded by Bill Rasmussen in 1979, it owns and operates local and global cable and satellite television variants of ESPN, ESPN2, ESPN Radio, ESPN.com, ESPN+ and other related ventures and is currently headed by executive James Pitaro.
ESPN Classic was a subscription television network that launched in 1995 as Classic Sports Network, founded by Brian Bedol and Steve Greenberg. ESPN Inc. purchased Classic Sports Network in 1997 for $175 million, [53] rebranding the channel as "ESPN Classic" in 1998. The channel broadcast notable archived sporting events (originally including ...
This is a list of assets currently or formerly owned by The Walt Disney Company, unless otherwise indicated. [1]As of October 2024, The Walt Disney Company, or just Disney, is organized into three main segments: Disney Entertainment, which includes the company's film, television, music and streaming media assets, ESPN (including ESPN+) and Disney Experiences.
Hearst owns newspapers, magazines, television channels, and television stations, including the San Francisco Chronicle, the Houston Chronicle, Cosmopolitan and Esquire. It owns 50% of the A&E Networks cable network group and 20% of the Walt Disney Company’s sports division ESPN Inc.. [5]
Three of the top television companies in American sports delivered a bombshell ... ESPNU, SECN, ACCN, ESPNEWS, ABC, FOX, FS1, FS2, Big Ten Network, TNT, TBS and truTV. ... Disney, which owns ESPN ...
ESPN was founded by Bill Rasmussen, his son Scott Rasmussen, then 43 year old eye doctor and Aetna insurance agent Ed Eagan. [1] Bill, who had an affinity with sports for much of his life, was fired from his position as the communications manager for the New England Whalers in 1978. [1]
During Werner's time at ESPN, the network became the largest cable television network, [11] grew from $1 million to over $600 million in annual sales, and from an annual loss of $30 million to profits of approximately $150 million. In November 1990, Werner left ESPN and became president and chief executive of Prime Ventures.
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