AIM and TSX: DHX
HALIFAX, May 29 /CNW/ - DHX Media Ltd (AIM & TSX ticker: "DHX") ("the
Company" or "DHX"), a leading independent international producer and
distributor of mainly children's television programming and interactive
content, is pleased to announce that the CBC has commissioned a third season
of the hit series Animal Mechanicals, produced and distributed by DHX
subsidiaries Halifax Film and DECODE Enterprises, respectively.
A home entertainment distribution deal for Animal Mechanicals has been
signed with Phase 4 Films in Canada that will commence in the Fall of 2009.
Also, TG4 Ireland recently licensed seasons I and II of the same series.
Animal Mechanicals is one of CBC's top-rating preschool shows and also
scores high ratings around the world on Disney Channels in the UK and Asia;
Radio-Canada, Discovery Latin America, Romania's HOP, EBS in Korea; Al-Jazeera
Children Channel and Prava I Prevodi, who acquired the title for Bosnia,
Croatia, Serbia and Montenegro. Based on Animal Mechanicals international
success, DHX intends to pursue further licensing and merchandising
Josh Scherba, VP Distribution said: "The Animal Mechanicals third season
commission means that we will have a total of 55 episodes which is a great
platform for building the brand. The show is proving to be very popular with
preschoolers and their parents, and we are being inundated with requests for
home video and toys. We'll be at the Licensing Show looking to forge
partnerships that will enable us to extend our offering."
About DHX Media Ltd.
DHX Media Ltd. is a leading international producer and distributor of
television programming and interactive content with an emphasis on children,
family and youth markets. DHX Media Ltd. shares trade on AIM and are listed on
the TSX, the Toronto Stock Exchange. DHX Media's production companies, Decode
Entertainment, Halifax Film and Studio B Productions, are the producers or
co-producers of 14 original television series and theatrical releases
currently commissioned for production and maintain a growing library of over
2,200 half-hours of mostly children and youth-oriented television productions.
This press release contains forward looking statements with respect to
the Company. Although the Company believes that the expectations reflected in
such forward looking statements are reasonable, such statements involve risks
and uncertainties and are based on information currently available to the
Company. Actual results may differ materially from those expressed or implied
by such forward looking statements. Factors that could cause actual results or
events to differ materially from current expectations, among other things,
include risks related to market factors, customer contract interpretation,
application of accounting policies and principles, and production related
risks, and other factors discussed in materials filed with applicable
securities regulatory authorities from time to time including matters
discussed under "Risk Factors" in the Company's short form prospectus dated
November 7, 2007 and in the Company's Amended Annual Information Form
incorporated by reference therein. These forward-looking statements are made
as of the date hereof, and the Company assumes no obligation to update or
revise them to reflect new events or circumstances.
For further information:
For further information: DHX Media Ltd.: David A. Regan - EVP, Corporate
Development & IR, (902) 423-0260; AIM Nominated Advisors: Grant Thornton UK
LLP: Gerry Beaney, Troy MacDonald, +44 (0) 20 7383 5100