In this task, we ask you to rewrite a sentence in simple English without changing its general meaning. Essentially, you want to make the sentence easier to read by using simpler words, utilizing more straightforward sentence structures, and omitting non-essential information etc.

ESPN ( originally an initialism for Entertainment and Sports Programming Network ) is a U.S.-based pay television sports channel owned by ESPN Inc . , owned jointly by The Walt Disney Company ( 80 % ) and Hearst Communications ( 20 % ) .
ESPN is an American sports television network owned by ESPN , Inc . , a joint venture between The Walt Disney Company which owns 80 % and Hearst Corporation which owns 20 % .