Destra Corporation Limited, previously known as Sprint Corporation and Ehyou, was an independent Australian media and entertainment company based in Richmond, Victoria founded by Domenic Carosa.[2] Destra grew through a series of acquisitions and was briefly one of the largest online music distributors in Australia, while also offering hosting and domain registry. Its shareholders included Prime Media, whose stake represented 44% at April 2008.[2][3]
Following the collapse of Opes Prime in 2007, Destra lost $76.9 million between 2007 and early 2008. The company was split into a number of divisions before its subsidiaries were sold. It became defunct in November 2008.
History
Domenic Carosa and Anna Carosa founded Destra Corporation in 1993. The Carosas were teenagers when they conceived the concept, which they originally called Sprint. Initially, the company owned entertainment websites in Australia and formed Ozhosting.com in 1995 to provide hosting to small businesses.[4]