Bill Rasmussen, who founded ESPN, the world's first 24-hour sports specialty cable channel, passed away at the age of 93 due to complications from Parkinson's disease. After being fired from his team's public relations position in 1978, he and his son invested $9,000 from a credit card cash advance to establish ESPN. At the time, many people were skeptical about 24-hour sports broadcasting, but Rasmussen succeeded in securing nationwide viewers by utilizing satellite transmission. ESPN has since grown into the world's largest sports media group, and Rasmussen is remembered as a figure who brought major innovation to the history of sports broadcasting.
