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Season 4, Episode 1: ESPN
Acquired
Hearst Owns 20% of ESPN
Hearst still to this day owns 20% of ESPN and have been repaid on their investment, which many hundreds of times over. By the late 80s, early 90s, ESPN is ESPN at this point. It's what you leave on in the living room while you're making breakfast. Exactly. That's not a good place to be.
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