ESPN, Inc. Fact Sheet (2024)

  • ESPN, the world’s leading multiplatform sports entertainment brand, features seven U.S. television networks, the leading sports app, direct-to-consumer ESPN+, leading social and digital platforms, ESPN.com, ESPN Audio, endeavors on every continent around the world, and more. 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).
  • ESPN launched on September 7, 1979, and is 80 percent owned by ABC, Inc., an indirect subsidiary of The Walt Disney Company. Hearst holds a 20 percent interest. ESPN was originally conceived in 1978 and office space was rented in Plainville, Conn., before the Bristol property was purchased and developed.
  • ESPN’s 2023 in review.
  • Jimmy Pitaro was named ESPN’s eighth president in March 2018 and named Chairman, ESPN in February 2023.
PRIMARY BUSINESS ENTITIES
U.S. NetworksSeven cable networks and ESPN on ABC.
Direct to ConsumerESPN+ launched April 2018 in collaboration with DTCI, with thousands of live events, original programs and on-demand content.
AudioESPN Radio Network and podcasts. Sports talk and event programming.
DigitalESPN.com; ESPN App; ESPN3; ESPN Fantasy Sports; espnW.com; ESPNDeportes.com; Andscape.com; market-, college- and sport-specific sites; and more
OverseasThrough its affiliated networks and businesses across media, ESPN reaches sports fans on all seven continents, including via 44 networks reaching 71 countries.
Event ManagementESPYS, college bowls & basketball events


U.S. Television

  • ESPN on ABC (Broadcast)
  • Seven Domestic Cable Networks: ESPN (launched in 1979, ESPN HD launched in 2003); ESPN2 (1993, ESPN2 HD launched in 2005); ESPNEWS (1996, ESPNEWS HD in 2008); ESPNU (2005, ESPNU HD in 2008); Spanish-language ESPN Deportes (2004, ESPN Deportes HD in 2011),SEC Network (August 2014) and the ACC Network (August 2019).

Key U.S. Programming

  • SportsCenter — Debuting on ESPN’s launch day (September 7, 1979), ESPN’s first and flagship show defines the sports news genre. It offers breaking news, highlights, features and in-depth analysis from award-winning journalists.
  • NFL’s Monday Night Football; MLB; NBA (The Finals on ABC); NHL (Stanley Cup Finals on ABC); college football including the College Football Playoff; men’s and women’s college basketball, including the women’s NCAA Tournament; tennis’ Australian Open, Wimbledon and US Open, all start to finish; The Masters; WNBA; Little League World Series; and more.
  • Daily and weekly sport-specific studio shows for NFL, MLB, NBA and college football and basketball.
  • Critically acclaimed and award-winning documentaries and original programming including the “30 for 30” films.

ESPN Plaza & Other Production Facilities

  • ESPN Headquarters in Bristol, Conn., is home to one of the world’s largest and most technologically advanced TV production facilities. Digital Center-1 (2004) and Digital Center-2 (2014) total more than 400,000 square feet. They serve as home for SportsCenter, NFL programming and more. Overall, ESPN Plaza is home to 19 buildings on 120 acres and 1.3 million square feet of office/production space.
  • ESPN’s Los Angeles Production Center (LAPC) went online in 2009 in the LA LIVE entertainment/retail complex. The 129,000-square foot facility has four studios and produces programming for ESPN’s U.S. networks, including SportsCenter, NBA Today, NBA Countdown, In the Creas, ESPN FC, ESPN Deportes’ Ahora O Nunca and Fútbol Americas.
  • In April 2018, a new facility at New York’s South Street Seaport overlooking the East River and the Brooklyn Bridge went online. With two studios (connected to control rooms at other locations), it is home to Get Up, First Take and more (TV, radio, podcasts). The 21,000-square-foot space is supplemented by a separate studio for NFL (2020) and a huge rooftop platform that can accommodate a public audience.
  • In 1999, ESPN added a facility in Charlotte, N.C., which totals 38,000 square feet with two multiuse studios and nearly two dozen departments. As the home of SEC Network, programming produced in the Charlotte Production Center includes The Paul Finebaum Show, SEC Now, SEC This Morning, Marty & McGee, Read & React, Out of Pocket and Rally Cap. In 2014, ESPN began leasing additional office space across the street from the Charlotte Production Center to accommodate supplementary departments based in Charlotte.
  • In August 2020, the Las Vegas studio opened as the new home of Daily Wager and other segments for TV, including SportsCenter, digital and social. The 6,000-square-foot facility has three studios and is connected to ESPN control rooms and technical operations around the country.
  • In addition to Austin, Texas, home of Longhorn Network, ESPN has a studio in Washington, D.C.

ESPN+
Launched in April 2018, ESPN+ is the No. 1 sports streaming platform, serving fans in the U.S. with exclusive access to more than 27,000 live sports events each year, an unmatched library of on-demand replays and acclaimed original content, and premium written articles by the top reporters and analysts from ESPN.com. Fans can sign up to ESPN+ at ESPN.com, ESPNplus.com or in the ESPN App on mobile and connected devices. For more, visit the ESPN+ Press Kit.

Audio
ESPN Audio is comprised of ESPN Radio – the nation’s largest sports radio network and home of more than one-half of all sports listenership – ESPNRadio.com and ESPN Podcasts.

  • ESPN Radio, which launched January 1, 1992, provides more than 9,000 hours of talk and event content annually, reaching more than 32 million listeners per week on approximately 500 stations – including more than 400 full-time affiliates and clearance in the top 25 markets. ESPN Radio national programming is also available on SiriusXM and via digital distributors Apple Music, iHeartRadio and TuneIn.
  • ESPN Audio launched its first podcast in 2005 and is a leader in the sports genre with more than 35 original offerings, plus shows from ESPN Radio and television. Offerings focus on “sports passions,” storytelling and compelling personalities. ESPN’s podcasts are available wherever you download your podcasts.

Digital
ESPN’s Digital properties include ESPN.com; ESPN App; ESPN3; ESPN Fantasy Sports; espnW.com; ESPNDeportes.com; Andscape.com; market-, college- and sport-specific sites; and more.

ESPN Overseas
Through its affiliated networks and businesses, ESPN reaches sports fans around the world via 44 networks (in 71 countries and territories across all seven continents), plus radio, digital, consumer products and event management.

  • In addition to marquee U.S. (NFL, MLB, NBA, NASCAR, IRL, all of golf’s and tennis’ Grand Slam events) and major international (UEFA Champions League and other top soccer, cricket and more) sports, there are 11 local versions of SportsCenter in three languages — Spanish, Portuguese, and English.
  • Offices or production facilities include Amsterdam, Bengaluru, Buenos Aires, Hong Kong, Johannesburg, London, Melbourne, Mexico City, Mumbai, New York, São Paulo, Singapore, Sydney, Toronto and Bristol, Conn.

Event Management

  • ESPYS (launched in 1993)
  • ESPN Events owns and operates 35 events, highlighted by 18 college bowl games and 11 college basketball events. 

Consumer Products
ESPN Consumer Products offer fans high quality collections inspired by compelling content, unique marketing campaigns and ESPN’s trademark personality at a variety of retail channels.  Categories include branded and co-branded apparel and accessories, sporting goods, and indoor/outdoor recreation.

ESPN Wide World of Sports
At Walt Disney World in Orlando, the ESPN Wide World of Sports Complex is a leading multi-sport venue for amateur and pro sports, hosting 100 events yearly, several of which are presented on ESPN platforms.

Corporate Citizenship
Every day at ESPN, we share stories of inspiration and perseverance with the world. We see firsthand how sports has the ability to transform lives, and we are proud to broaden that narrative through our own Corporate Citizenship programs and initiatives.

ESPN Corporate Citizenship encompasses our multi-faceted community initiatives, including employee volunteerism, charitable giving, cause marketing and sustainability, while also utilizing our media assets to reach and uplift diverse communities.

###

ESPN, Inc. Fact Sheet (2024)

FAQs

Is ESPN owned by ABC? ›

ESPN, the world's leading multiplatform sports entertainment brand, features seven U.S. television networks, the leading sports app, direct-to-consumer ESPN+, leading social and digital platforms, ESPN.com, ESPN Audio, endeavors on every continent around the world, and more. ESPN is 80 percent owned by ABC, Inc.

Who owns ESPN now? ›

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.

What does the ESPN Inc stand for? ›

When ESPN started in 1979 we were the Entertainment and Sports Programming Network (thus, ESPN). However, that name took too long to paint across our chests on game day, so we dropped it in 1985 and adopted a new corporate name -- ESPN, Inc.

How big of a company is ESPN? ›

ESPN Inc.
ESPN's headquarters in Bristol, Connecticut.
Key peopleJames Pitaro (chairman)
OwnersThe Walt Disney Company (80%) Hearst Communications (20%)
Number of employees9464 (2024)
Websiteespn.com
6 more rows

Why did Disney buy ESPN? ›

By adding ESPN, Disney is not only profiting off a major sports network via advertising dollars, they're also able to profit in other ways. ESPNs wide world of sports, located on Walt Disney World campus in Florida is a major example. They're able to bring in all sorts of youth sports teams throughout the year.

Did ESPN buy out ABC? ›

Disney bought ESPN through its acquisition of ABC, who had earlier purchased the sports channel from Getty Oil.

Who is the largest shareholder of ESPN? ›

Walt Disney owns the majority stake in ESPN with an 80% controlling interest. The remaining 20% is controlled by Hearst Communications.

Who is suing ESPN? ›

In April 2022, Steele sued ESPN and Disney. Her suit coincided with Disney waging its own high-profile free speech battle with Florida Gov. Ron DeSantis after filing a lawsuit in federal court that claimed the Republican retaliated against the company for opposing the state's so-called “Don't Say Gay” bill.

Who is the new owner of ESPN? ›

The Walt Disney Company is the majority owner of ESPN. Bay "will serve on and have full control of" Angel City's board, according to the team, and she will also represent Angel City on the NWSL's board of governors.

How much did Bill Rasmussen sell ESPN for? ›

The New York Times reported in 1984 that ABC purchased controlling interest in ESPN by buying out Getty Oil's position. At the time of the Getty Oil buy out, ABC in turn bought out the Rasmussen Families 15% for $6,000,000.

Who is the CEO of ESPN? ›

The ESPN Executive Team is rated a "D+" and led by CEO James Pitaro. ESPN employees rate their Executive Team in the Bottom 25% of similar size companies on Comparably with 5,001-10,000 Employees.

What was ESPN former name? ›

Leadership and personnel. Rasmussen, realizing that ESP needed additional sponsors and advertising, decided to distinguish the network from the "Big Three three-letter networks," ABC, NBC and CBS, and renamed ESP as ESPN-TV. The name was shortened to just ESPN prior to the channel's launch.

Who owns 80% of ESPN? ›

Disney—which owns 80% of ESPN, while Hearst holds the remaining 20%—could sell stake in the company to new investors assuming it intends to maintain majority ownership, according to the note.

How is ESPN doing financially? ›

ESPN operating income surged 16% from a year ago to $987 million in Disney 's fiscal fourth quarter — the first time Disney has ever broken out the sports division's finances. Revenue in the segment grew 1% year-over-year to $3.8 billion. Disney also revealed ESPN+ was profitable in the quarter, generating $33 million.

Is ESPN doing well? ›

ESPN Digital continues to set records. ESPN digital had both its best January and February in terms of unique visitors, with 121.7 million and 103.4 million viewers, respectively. So far this year, when combining ESPN digital with the brand's social platforms, they reach 65% of the U.S. adult population monthly.

History of ESPN, Inc. – FundingUniverseFundingUniversehttp://www.fundinguniverse.com ›

1978: Bill Rasmussen forms Entertainment Sports Programming Network, Inc. (ESPN) to broadcast sporting events to cable television operators via satellite. 1979:...
ESPN, Inc., cable television sports-broadcasting network based in Bristol, Conn. It was launched in 1979 and is one of the largest cable networks in the United ...
ESPN Inc. is an American multinational sports media conglomerate majority-owned by the Walt Disney Company, with Hearst Communications as an equity stakeholder....

Who owns the rights to ESPN? ›

One could even argue that FOX and ESPN, which is owned primarily by Walt Disney DIS +1.9% Company, are the two strongest and closest rivals in bidding for NFL game broadcasts.

Is ESPN and ESPN on ABC the same? ›

Sports programming on ABC is provided on occasion, primarily on weekend afternoons; since 2006, the ABC Sports division has been defunct, with all sports telecasts on ABC being produced in association with sister cable network ESPN under the branding ESPN on ABC.

What network is ESPN part of? ›

ABC's purchase of ESPN in 1984 took the channel to another level, introducing more live games from leagues like MLB, NBA, NFL, and NHL. Now, ESPN is still that same channel from 1979 airing SportsCenter daily, but it's also a major media outlet with an international TV, radio, and internet presence.

Who is ABC owned by? ›

In 1996, ABC was eventually sold to The Walt Disney Company, which has maintained its ownership until the present day. Specifically, the network's full name is American Broadcasting Companies, Inc., and is owned by the acronym-named parent company ABC, Inc. (formerly Capital Cities/ABC Inc.), which is owned by Disney.

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