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The self-described worldwide leader in sports, ESPN is a multinational, multimedia sports entertainment company that operates more than 50 sports-related business entities. The company s flagship product is ESPN, one of seven domestic television networks ESPN2, ESPN Classic, ESPNEWS, ESPN Deportes, ESPNU and ESPN Today are the others that broadcast a variety of both sports programming, including telecasts of both amateur and professional sporting events. ESPN also operates more than 30 international television networks, domestic and international radio networks, a magazine and a chain of sports-themed restaurants, as well as a broadband Internet and wireless networks. Launched in 1979, ESPN has headquarters in Bristol, Conn., and a location in Charlotte, N.C. Its flagship network is available in nearly 90 million households. The company is 80 percent owned by ABC, which in turn is an indirect subsidiary of The Walt Disney Company. The Hearst Corporation owns the remaining 20 percent interest.