Australasia's journal of the new media revolution

Destra

New digital fund kicks off

20 February 2009 | The deposed CEO of Realestate.com.au Simon Baker has emerged as one of the key mystery investors behind new digital investment vehicle the Future Capital Development Fund, launched by Destra founder Domenic Carosa.


Lexicon’s $1.2m Destra fee in question

13 February 2009 | Creditors and shareholders of collapsed digital media company Destra have raised serious concerns over the management consultant fees paid to Lexicon Partners in the lead up to the company being plunged into administration, following the release this week of the company’s creditors report 1 comment


Destra receivers sweep up last assets

16 January 2009 | RECEIVER Korda Mentha is poised to wrap up the sale of the final remaining assets of digital media company Destra by the end of this month. Destra, which was majority owned by the Prime Media Group was placed in administration in November.


Carosa kickstarts digital fund

5 December 2008 | Digital entrepreneur and founder of Destra, Domenic Carosa is in control of a listed pooled development fund (PDF) which will form the crux of his new venture, an investment platform for online “up-starts”.


Smith snatches back Brand New Media

5 December 2008 | Destra's branded entertainment division Brand New Media has been sold back to founder and CEO Perry Smith in a management buy out scheme for a fraction of the original sale price.


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