Acquisition costs cut in to Q1 results at DHX Media

HALIFAX – Despite a 59% jump in revenue, DHX Media ended the first quarter of fiscal 2015 with a $7.7 million loss after acquiring former Astral Media assets Family Channel, Disney XD, and Disney Junior from Bell Media earlier this year.For the period ended September 30, 2014, the broadcaster, creator, producer and marketer of family entertainment posted revenues of $43.03 million, up from $27.00 million for Q1 2014, due to the acquisition of DHX Television in July, as well as increases in distribution, producer and service fee revenue.Net income was a loss of $7.7 million, down from $2.1 million year-over-year,...