ESPNews
ESPNews (pronounced "ESPN News," stylized ESPNEWS) is an American multinational digital cable and satellite television network owned by ESPN, a joint venture between the Walt Disney Company (which owns a controlling 72% stake via indirect subsidiary ABC Inc.), Hearst Communications (which owns 18%) and the National Football League (which owns 10%). Known as "ESPN3" in its planning stages and proposed as early as 1993, the channel launched on November 1, 1996, and originally featured a rolling news format with 24-hour coverage of sports news and highlights.