DHX Media enters teen market with $33M buy of Epitome

HALIFAX - Children's entertainment company DHX Media has bought Degrassi producer Epitome Pictures for $33 million in stock and cash, the companies announced Thursday.Helmed by Linda Schuyler and Stephen Stohn, Toronto-based Epitome Pictures has been making award-winning television for more than 30 years. For the most recent year ended May 2013, Epitome generated revenue of approximately $24.4 million and earnings before interest, taxes, depreciation and amortization of approximately $6.6 million.Stohn will remain the president of Epitome and he and Schuyler will carry on as executive producers of all current productions, including the fourteenth season of Degrassi: The Next Generation. The Epitome...