Even though Disney and Hearst Corporation own ESPN

it may come down to how the joint venture is structured from a liability standpoint. I would assume that Disney and Hearst structured their joint venture in such a way that ESPN would be responsible for its own liabilities. I wouldn't think it would be that much different than when a person decides to go into business for him/herself. Most will set the company up as either LLC, LLP, Inc, or some other form to prevent the company's liabilities from impacting their personal finances. Also, I am assuming that ESPN has its own Tax ID to make things cleaner when filing taxes.

In response to this post by 2hhoop3

Posted: 04/27/2017 at 1:26PM

Clay Travis on ESPN layoffs... -- mancunian 04/26/2017 12:51PM

70 on-air/online layoffs. Out of ~1000. Not that apocolyptic -- Tercules 04/26/2017 4:11PM

Thought about conference agreements with a bubble burst -- Colonel Jessup 04/26/2017 1:29PM

ESPN channels are migrating to streaming services already. -- HOO86 04/26/2017 1:50PM

True but will get much less overall viewers and no more new, huge contracts ** -- Colonel Jessup 04/26/2017 1:52PM

It depends. We'd have to know the turn up rate on the streaming subscribers -- HOO86 04/26/2017 2:24PM

It may depend on if ESPN goes broke or not before the -- VTHokie2000 04/26/2017 1:47PM

Re: It may depend on if ESPN goes broke or not before the -- 2hhoop3 04/27/2017 10:18AM

Even though Disney and Hearst Corporation own ESPN -- VTHokie2000 04/27/2017 1:26PM

Wasn't thinking that extreme but good point ** -- Colonel Jessup 04/26/2017 1:50PM

The only reason I mentioned it is because Clay mentioned -- VTHokie2000 04/26/2017 1:58PM

Swofford & Co wouldn't know a red flag if it bit him in his buttocks. ** -- Atlee Hokie 04/26/2017 9:06PM

Even though Disney and Hearst Corporation own ESPN

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