ESPN Inc.

ESPN Inc.
Joint venture
Industry Sports broadcasting
Founded July 14, 1978 (1978-07-14)
Founder Bill Rasmussen
Headquarters Bristol, Connecticut, United States
Key people
Owner
Website espn.go.com

ESPN Inc. is an American sports media conglomerate based in Bristol, Connecticut. Jointly owned by The Walt Disney Company and the Hearst Corporation (which owns a 20% minority share), it owns various sports broadcasting operations, including cable channels (such as the titular ESPN), a sports radio network, an accompanying website, and other assets.[1][2][3]

ESPN markets itself as the "Worldwide Leader in Sports". Most programming on ESPN networks consist of live or tape-delayed sporting events, sports news programming, sports talk shows, and original series and documentaries.[4][5]

In August 2016, Disney purchased a 1/3 stake in BAMTech for $1 billion from MLB Advanced Media with the option to purchase a majority share. Disney purchased the stake to first develop a ESPN subscription streaming service. The service would not include any current ESPN channel or its content, but tap BAMTech licensed rights and ESPN college rights.[6]

Assets

Television

Radio

Internet

United Kingdom

In the United Kingdom, ESPN has been owned and operated by British Telecommunications PLC since 2013. However, most of the content shown on the ESPN channel in the United Kingdom is regulated by its owners in Bristol.[7]

Other

See also

References

  1. "ESPN: The Worldwide Leader In Sports". espn.go.com. Retrieved 28 February 2014.
  2. "ESPN, Inc.: Private Company Information". investing.businessweek.com. Retrieved 28 February 2014.
  3. "ESPN, Inc. | Company Profile". hoovers.com. Retrieved 28 February 2014.
  4. "ESPN". hearst.com. Retrieved 28 February 2014.
  5. Badenhausen, Kurt. "Why ESPN Is Worth $40 Billion As The World's Most Valuable Media Property". forbes.com. Retrieved 28 February 2014.
  6. Miller, Daniel (August 9, 2016). "Walt Disney Co. buys stake in video streaming service BAMTech". Los Angeles Times. Retrieved August 17, 2016.
  7. "ESPN on BT Sport". BT Sport ESPN. 31 July 2013. Retrieved 30 September 2014.
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