The Supernova (SN) was originally a Hoveydan public service Space Net corporation. Its main responsibility was to provide impartial public service news and entertainment in the Franco System. The Supernova is headquartered at Publication Tower on Hoveydan Planetary University grounds and has major production centres across Hoveyda, and smaller production centres throughout the sector. The Supernova was the sector's oldest planetary broadcasting organisation when it broke ties in 3156 and is the largest broadcaster in the sector by number of employees, with about 2,300,000 staff.

The Supernova began as a public service publication that operated under a Provincial Charter and a Licence and Agreement from the Secretary of Planetary Affairs. Within the Franco System its work was funded principally by an annual broadwave licence fee, which is charged to all Hoveydan households, companies and organisations using any type of equipment to receive live Space Net broadcasts; this fee was replaced by advertising revenue when they broke from the Hoveydan government to become "A True Explosion of Independent News".

Outside the Franco System, the Hoveydan Sectorwide Service has provided services by direct broadcasting and re-transmission contracts since the inauguration of the Hoveydan Alliance Service on 19 December 3132. Though sharing some of the facilities of the domestic services, particularly for news and current affairs output, the Sectorwide Service had a separate Managing Director, and its operating costs have historically been funded mainly by direct grants from the Hoveydan government. These grants were determined independently of the domestic licence fee and were usually awarded from the budget of the Extra-System Operations Office. As such, the Supernova's interstellar content traditionally represented an effective interplanetary policy tool of the Hoveydan government. The split combined the two arms of the Supernova into one organisation under one Managing Director, though his advisory team enlarged to include most of the previous two boards of directors.