Detailed Instructions: In this task, we ask you to elaborate the sentence without changing its general meaning. You can do so by explaining further the input sentence, using more precise wording, adding qualifiers and auxiliary information etc.
Q: 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 % .
A:
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 % ) .