UPDATED: DHX Media shedding Halifax animation studio

HALIFAX – DHX Media is selling off its Halifax animation studio as it continues with a strategic shift designed to focus and streamline its production operations.The company said Thursday that the studio was purchased by IoM Media Ventures, a new media company owned by former CEO Dana Landry. Financial terms of the deal, which is expected to close by the end of the year, were not disclosed.The sale does not include comedy This Hour Has 22 Minutes, which continues to be owned by DHX Media and produced in Halifax. "The sale will generate operating efficiencies by consolidating animation production, and aligns with our...