ESPN’s Corporate Ownership

ESPN’s Corporate Ownership

1978
Jun 17 Corporate title of Entertainment and Sports Programming Network adopted
(full name no longer exists)
1979
Feb 22 Getty Oil agrees in principle to purchase 85% of ESPN
1981
Sep 23 Getty and ABC Video, a wholly owned subsidiary of ABC, Inc, announce letter of intent for pay sports venture involving ESPN

Deal involves supplementary coverage by ESPN of various events from ABC and an option for ABC to acquire 10% of ESPN

1984
Jan 2 ABC purchases 15% of ESPN from Getty
Jan 8 Texaco merges with Getty Oil
Apr 30 ABC Video announces agreement to acquire remaining 85% of ESPN from Texaco
Sep 11 ABC Video sells 20% interest in ESPN to Nabisco Brands
1986
Jan 3 Capital Cities finalizes purchase of ABC, Inc
(announced March 18, 1985)
1990
Nov 8 The Hearst Corporation purchases Nabisco’s 20% share in ESPN
1996
Feb 9 FCC approves merger of Capital Cities/ABC and The Walt Disney Company
(announced July 31, 1995)
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