Brief: DHX Media Concludes Strategic Review

WildBrain

25/09/2018 04:30

Sept 24 (Reuters) - DHX Media Ltd  DHX.TO :
    * DHX MEDIA CONCLUDES STRATEGIC REVIEW
    * DHX MEDIA - AS PART OF STRATEGIC REVIEW, CO SIGNED
MULTI-MILLION-DOLLAR AGENCY AGREEMENT FOR PEANUTS IN CHINA, ASIA
WITH CAA GLOBAL BRAND MANAGEMENT
    * DHX MEDIA - CO REFOCUSED ITS CONTENT STRATEGY TO
PRIORITIZE
INVESTMENT IN WILDBRAIN, DEVELOPMENT OF PREMIUM CONTENT FOR
MAJOR STREAMING SERVICES
    * DHX MEDIA - DHX MEDIA'S BOARD OF DIRECTORS HAS SUSPENDED
THE
COMPANY'S QUARTERLY DIVIDEND, EFFECTIVE IMMEDIATELY
    * DHX MEDIA - COMBINED STRATEGIC, INTERNAL REVIEW PROCESS,
ONCE
FULLY IMPLEMENTED, IS EXPECTED TO GENERATE $11 MILLION IN
ANNUALIZED OPERATING SAVINGS

Source text for Eikon:  ID:nCNWWgrJma 
Further company coverage:  DHX.TO 

 ((Reuters.Briefs@thomsonreuters.com;))