DHX Media acquires Studio B Productions Inc.
HALIFAX, NS – DHX Media Ltd. (AIM & TSX ticker: “DHX”), a leading independent international producer and distributor of television programming and interactive content and the parent company of DECODE Entertainment and Halifax Film, has acquired all the outstanding shares in Studio B Productions Inc. (“Studio B”), a privately-owned producer of primarily proprietary children’s programming.
DHX Media will benefit from several new broadcaster relationships, expanded production capabilities and a greater supply of children’s programming from which it can generate future distribution revenues.
Furthermore, the television series created by Studio B will contribute to DHX Media’s stated strategy of growing a significant library of children’s content from which revenues can be generated over multiple platforms.