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Disney refutes ESPN spinoff rumors, intends to keep the sports network

ESPN Monday Night Football
ESPN Monday Night Football TV camera is seen during the second half of an NFL football game between the Chicago Bears and Minnesota Vikings, Monday, Dec. 20, 2021, in Chicago. (AP Photo/Kamil Krzaczynski)

BUBANK, CA- Walt Disney Company announced Friday that they will be keeping ESPN in their portfolio of brands after rumors circulated they wanted to spin off the longtime sports channel.

Wire services say the change of heart came in light of attempts by Apple and Amazon to obtain streaming rights for live sports events.

The Bristol, CT based sports network was acquired by Disney in 1996 and carries select major league spots including the NFL and MLB.