The Hearst Corporation is a large American media conglomerate founded in 1887 by William Randolph Hearst. It operates in various sectors, including publishing, broadcasting, and digital media, owning numerous well-known brands such as Cosmopolitan, Esquire, and Harper's Bazaar. In addition to its magazine and newspaper divisions, Hearst owns television stations and has interests in cable networks like ESPN and A&E. The company is also involved in real estate and has investments in various digital platforms, making it a significant player in the media landscape.