Complex sentence: The company was founded by Lisa Sumpano and Lee Johnson in 1996 and is privately held and entirely self-financed, and now operates multiple divisions including the AudioSparx music library, RadioSparx commercial music service, a Publishing Administration group, and a Digital Distribution group.
Split into simpler sentences: The company was founded by Lisa Sumpano and Lee Johnson in 1996 and is privately held and entirely self-financed. It now operates multiple divisions including the AudioSparx music library, RadioSparx commercial music service, a Publishing Administration group and a Digital Distribution group.