DHX Media posts declines in Q3 profits, revenues; welcomes 'Peanuts', 'Strawberry Shortcake' to the fold

HALIFAX – The pending arrival of Charlie Brown and the Peanuts gang is expected to boost the bottom line at DHX Media, which saw third quarter profits and revenues sink, the kids content producer, distributor and broadcaster said Wednesday.Revenues for Q3 2017 of $78.35 million fell 7% from $84.10 million in the same period last year but slightly ahead of expectations, reads the company’s news release. In absolute dollars, the decrease was due largely to expected declines, in line with quarterly targets, in DHX Television, consumer products-represented revenues, consumer-products owned, proprietary production and producer and service fees, offset by increases...