Premise: ESPN ( originally an initialism for Entertainment and Sports Programming Networks ) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc. , a joint venture between The Walt Disney Company ( which operates the network ) and the Hearst Corporation ( which owns a 20 % minority share ) . The Walt Disney Company . Disney also owns and operates the ABC broadcast television network ; cable television networks such as Disney Channel , ESPN , A+E Networks , and Freeform ; publishing , merchandising , music , and theatre divisions ; and owns and licenses 14 theme parks around the world .
Hypothesis: The Walt Disney Company owns and operates ESPN.
Label: ENTAILMENT