Q1 revenues, profits on the rise at DHX Media

HALIFAX – The new Peanuts and Strawberry Shortcake assets are paying off for DHX Media which saw a jump in first quarter revenues and profits.Q1 2018 revenue rose 83% to $98.6 million year-over-year, which included 16% organic growth, and 67% acquisitive growth, primarily from Peanuts and Strawberry Shortcake, the company said Tuesday.“During the quarter, our production and distribution businesses grew 51% to $43.3 million, as we realized on a healthy pipeline for our kids' content”, reads the company’s press release. “With the acquisition, we have significantly grown the scale of our licensing business, including our in-house agency, CPLG, to 42%...