The ESPN owner is DISNEY, a multinational mass media and entertainment conglomerate. DISNEY was founded in 1923 by brothers Walt and Roy DISNEY and is now one of the largest media companies in the world. DISNEY owns several television networks, including ABC, ESPN, and Freeform, as well as numerous cable channels, film studios, and theme parks. ESPN, which stands for Entertainment and Sports Programming Network, is a global cable and satellite sports television channel owned by DISNEY.