Multimedia Nova Corporation
Multimedia Nova Corporation (MNC) is principally a communication company engaged in the field of publishing, printing and distribution, multicultural marketing and new media. The publications that are owned and managed by the MNC are Correo Canadiense, a Spanish newspaper, serving the Spanish speaking community of the Greater Toronto Area, The Town Crier Group of Newspapers; a regional community newspaper serving eight core communities in Tronoto, Nove Ilhas, a Portuguese language weekly newspaper, serving the Portuguese community in the GTA and Vaughan Today, a weekly publication for the fastest growing communities in Canada. The company offers web development, printing, and distribution services. World Telemonde, a subsidiary of the company provides Canadian television broadcasting services. Multimedia Nova Corporation is headquartered in Toronto, Ontario, Canada.
In the year ended March 2009, Multimedia Nova Corporation and 1734036 Ontario Limited were amalgamated and the new company continued under the name of Multimedia Nova Corporation.The company recorded revenues of (Australian Dollar) AUD 15,156,577.0 million during the fiscal year ended March 2009, a decrease of 4.5% over 2008. The operating loss of the company was AUD 2,190,681.0 million during the fiscal year 2009, as compared to an operating loss of AUD 943,985.0 million during 2008. The net loss of the company was AUD 2,204,181.0 million during the fiscal year 2009, as compared to a net loss of AUD 926,185.0 million during 2008.
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