TORONTO—Intertainment Media has announced the final closing sale of assets of Magnum Fine Commercial Printing limited to 1337478 Ontario Inc., an entity controlled by Media-Vision— a company that specializes in print, web, direct mail, displays and packaging, and premium and incentives work. All Magnum Printing assets have been transferred and production is operational at Media-Vision.

Magnum Printing is a company with more than 25 years' of industry experience that provides services such as diecutting, copying, embossing/debossing and marketing and advertising. The company was purchased for $1.5 million.

Selling Magnum is part of Intertainment’s strategy to focus on new media-based revenue opportunities and maximize value for its shareholders. The company is a technology incubator that focuses on developing, nurturing and investing in North American and global technology solutions like Yappn and theAudience.