Destra
News and interviews on Destra including trends, features, blogs and community conversations from an Australian business perspective.
Tech sector veterans Domenic Carosa and Danny Wallis to raise $3 million for internet fund ahead of IPO Monday, 08 March 2010
Tech sector veterans Domenic Carosa, Danny Wallis and Tony Stephen will raise more than $3 million for acquisitions through their Future Capital Development Fund, before a planned listing on the Australian Securities Exchange later this year. ...
ASIC launches criminal action against Opes Prime directors
Tuesday, 12 January 2010
The Australian Securities and Investment Commission has brought charges against the leaders of the Opes Prime margin lending and broking business that collapsed spectacularly in 2008, triggering chaos on the Australian sharemarket. ...
Domenic Carosa buys SMS services company from D2 Marketing
Friday, 18 December 2009
Entrepreneur Domenic Carosa’s investment company Dominet has bought SMS services company, SMS Central from D2 Marketing. The acquisition was believed to cost less than $1 million. ...
MBE Education
Monday, 23 November 2009
Start Up Rank: 39 Revenue: $700,000 Founder(s): Reuben Buchanan, Jack Delosa Industry: Education Head Office: New South Wales Employees: 5 Website: www.mbeeducation.com.au Corporate adviser Reuben Buchanan has helped countless large and mid-size companies ...
Receiver of Destra launches legal action against entertainment company Beyond International
Thursday, 19 November 2009
The receiver of collapsed digital marketing company Destra has launched legal action against listed entertainment company Beyond International over Beyond's acquisition of DVD company Magna Pacific. ...
Digital media in dire straights
Thursday, 01 October 2009
The collapse of Melbourne-based digital business Swish Group in August shone a harsh light on a sector under huge pressure. Over the past 18 months, the business models of the companies in the space vaguely described as "digital marketing and media" have been ...
Digital media in dire straights
Thursday, 01 October 2009
The collapse of Melbourne-based digital business Swish Group in August shone a harsh light on a sector under huge pressure. Over the past 18 months, the business models of the companies in the space vaguely described as "digital marketing and media" have been ...
Digital media demise
Friday, 28 August 2009
The collapse of Swish Media late yesterday is the latest event in a shocking 12 months for the sector loosely termed "digital media". ...
The seven sins of young entrepreneurs
Monday, 20 July 2009
The saddest thing about the collapse of a young entrepreneur's empire isn't hearing that the receivers have arrived or that the Ferrari has been repossessed - it's hearing that the poor young thing has been forced to move back in with their parents. ...
Domenic Carosa buys premium SMS service 199-Query
Wednesday, 15 July 2009
Entrepreneur Domenic Carosa has unveiled his 11th acquisition in the last 12 months with the purchase of premium SMS service 199-Query for an undisclosed amount. ...
Media mogul Bruce Gordon set to buy more of Quickflix
Friday, 15 May 2009
Media and entertainment company WIN Corp, owned by Australian media mogul Bruce Gordon, is preparing to increase its stake in online DVD rental group Quickflix. ...
Lachlan Murdoch grabs stake in Prime Media
Thursday, 30 April 2009
Lachlan Murdoch, the son of media baron Rupert Murdoch, has paid $16 million for a stake in Prime Media, the regional television and radio company majority owned by billionaire Paul Ramsay. ...
Quikflix
Wednesday, 04 March 2009
SmartCompany50 rank: 8 Revenue: $3.08 million Growth: 99.6% Founders: Stephen Langsford, 45 Simon Hodge, 39 Based: Western Australia Employees: 40 Industry: Cultural & recreation Website: www.quickflix.com.au No one really likes visiting the local video ...
Beyond International snaps up a bargain from Destra rubble
Wednesday, 25 February 2009
Film and television production group Beyond International has acquired DVD distribution company Magna Pacific for $4.3 million from the receivers of collapsed media and marketing group Destra Corporation. ...
25 corporate collapses – and the lessons learnt
Thursday, 12 February 2009
There have been some high-profile corporate failures over the past year, and the evidence suggests that the bloodbath isn’t over. We take a look at 25 more prominent cases to draw salient lessons for every business. ...
Why the internet will beat the downturn
Wednesday, 21 January 2009
The silver lining for Quickflix in the economic downturn is the “lipstick effect”, where people indulge in cheaper at-home recreation. Founder Stephen Langsford tells AMANDA GOME how the evolving online world has changed his business, and how it could cha ...
Domenic Carosa buys another Destra asset
Tuesday, 13 January 2009
Technology investor Domenic Carosa has purchased another asset from the administrators of collapsed digital media company Destra. ...
The best (and worst) of 2008
Tuesday, 16 December 2008
The year is quickly winding up, and SmartCompany has reviewed some of the more momentous events of the past year. The result is an impressive list of gong-winners (and some real clangers) that have made 2008 a year to remember. By JAMES THOMSON ...
Domenic Carosa unveils new strategy
Tuesday, 02 December 2008
Entrepreneur Domenic Carosa is back in business. And he is taking a different approach after his disastrous experience with digital media and marketing firm Destra, the company he founded that is now in administration. ...
Destra founder considers buying back the company
Friday, 14 November 2008
Dominic Carosa, founder of Destra, is considering buying back his former company after it went into administration yesterday. ...
