ESPN is a leader of the sports broadcasting world. The company is the leading cable sports broadcaster with six domestic networks — including its flagship ESPN, ESPN2 (sporting events and news), ESPN Classic (historical sports footage), and ESPNEWS (24-hour news and information) — that reach more than 85 million U.S. homes. It also reaches another 110 million homes worldwide with its ESPN International unit. In addition, ESPN creates content for TV and radio and operates one of the most popular sports sites on the Internet. ESPN also has lent its name to a magazine and a chain of eight sports-themed restaurants. Founded in 1979, ESPN is 80% owned by Walt Disney (through ABC Cable); Hearst has a 20% stake.