ESPN – Wikipedia

ESPN (an initialism of their original name, which was the Entertainment and Sports Programming Network until 1985 [2]) is an American international multiplatform sports media company owned by the Walt Disney Company (80% and operational control) and Hearst Communications (20%) through the joint venture ESPN Inc. The company was founded on September 7, 1979 by Bill Rasmussen, Scott Rasmussen …  

https://en.m.wikipedia.org/wiki/ESPN