DHX Media Ltd (USA) (DHXM) was Initiated by RBC Capital Mkts to “Outperform” and the brokerage firm has set the Price Target at $10. RBC Capital Mkts advised their investors in a research report released on May 11, 2016.
DHX Media Ltd. is a Canada-based children’s entertainment company. The Company’s business is producing distributing broadcasting and exploiting the rights for television and film programming primarily focusing on children youth and family productions. Its segments include its production distribution and merchandising operations; Copyright Promotions Licensing Group (CPLG) and DHX Television. It has five integrated business lines: production; library and distribution (including digital distribution) of its third party acquired titles; television broadcasting; merchandising and licensing and new media and interactive. Its productions include Degrassi franchise Supernoobs Slugterra 3 Teletubbies This Hour Has 22 Minutes and Make It Pop. It provides services such as producing television shows and movies of the week for and providing animation and other similar services to third parties. It operates in Toronto with additional offices in Los Angeles Paris and Beijing.