Italy’s Mondo TV Goes Public
On Wednesday, June 21, 2000, Italian animation studio Mondo TV, owner of the country's largest library of domestic and imported TV cartoons, will go public on the Milan stock exchange. Currently, the Rome-based company is owned by Orlando and Matteo Corradi. For the first-quarter, the TV toon maker saw revenue of 6.5 billion Italian lira (US$3.25 million) and net earnings of 1.3 billion ($650,000).