Radio / Television News

Gains in WildBrain unit can’t offset Q2 losses at DHX Media

Structural re-org to separate business linesHALIFAX - DHX Media saw revenues dip and recorded a $17.9 million net loss attributable to its shareholders for its second quarter ended December 31, 2018.The children's content and brands company said Tuesday that Q2 2019 revenue was $117.0 million, down 4% from $121.9 million in the same prior-year period, as a result of a drop in producer and service fees and distribution revenues.  In the quarter, Distribution (excluding WildBrain) was $13.7 million, down $2.9 million year-over-year.  Sequentially, Q2 2019 increased by $4.9 million over Q1 2019.Q2 2019 posted a net loss of $17.9 million...