HALIFAX, April 4, 2019
/CNW/ - DHX Media (or the "Company") (TSX: DHX, NASDAQ: DHXM) has
appointed veteran entertainment industry executive Eric Ellenbogen as senior advisor to the
Company. Mr. Ellenbogen will advise on key strategic planning and
business development across multiple business units, and will also
continue to serve on DHX Media's Board of Directors. The
consultancy agreement with Mr. Ellenbogen extends to December 31, 2019.
"Eric agreed to join our Board of Directors last fall. Given his
deep experience in the entertainment industry, especially in
launching and managing brands, we decided the Company would benefit
further from his counsel as an advisor. We are pleased that Eric
has agreed to serve in this capacity," said Michael Donovan, CEO and Executive Chair, DHX
Media.
"DHX Media has some of the most enduring brands in kids' and
family entertainment, more than a few of which that I wish I had
acquired at my former companies. That makes it all the better to be
helping Michael and his executive team to advance not only those
brands, but also many other Company initiatives," added Mr.
Ellenbogen.
Eric Ellenbogen, a non-executive
director of DHX Media, was the Co-President of Classic Media, a
business unit of NBCUniversal Studios. Mr. Ellenbogen has spent
more than thirty years running entertainment companies, including
senior roles as President of Broadway Video Entertainment (the
independent production and distribution company founded by
Lorne Michaels); President of Golden
Books Family Entertainment; and President and CEO of Marvel
Enterprises (subsequently acquired by Disney).
Mr. Ellenbogen co-founded Classic Media in 2000, which through a
series of acquisitions and divestitures, ultimately became owned by
DreamWorks Animation (DWA). At DWA, Mr. Ellenbogen was appointed to
the senior management team as Co-Head of DreamWorks Classics and
DreamWorks International Television. During his tenure with DWA,
Mr. Ellenbogen was significantly responsible for the company's
entry into the television business. Following DWA's sale to
NBCUniversal, Mr. Ellenbogen was asked to become Co-President of
Classic Media, which was re-started as a business unit of
NBCUniversal.
Mr. Ellenbogen has served as a director of Golden Books and Marvel, then both public
companies, as well as a member of the Board of Trustees of The
Public Theater in New York City.
He has held adjunct professorships at UCLA, Columbia University
Business School and NYU's Stern
School of Business, where he taught courses in entertainment
industry studies. He is a graduate of Harvard College and holds an
MBA from UCLA.
About DHX Media
DHX Media Ltd. (TSX: DHX, NASDAQ: DHXM) is a global children's
content and brands company, recognized for such high-profile
properties as Peanuts, Teletubbies, Strawberry Shortcake,
Caillou, Inspector Gadget, and the acclaimed Degrassi
franchise. One of the world's foremost producers of children's
shows, DHX Media owns the world's largest independent library of
children's content, at 13,000 half-hours. It licenses its content
to broadcasters and streaming services worldwide and generates
royalties through its global consumer products program. Through its
subsidiary, WildBrain, DHX Media operates one of the largest
networks of children's channels on YouTube. Headquartered in
Canada, DHX Media has offices
worldwide. Visit us at www.dhxmedia.com.
Disclaimer
This press release contains "forward-looking statements" under
applicable securities laws with respect to DHX Media including,
without limitation, statements regarding Mr. Ellenbogen's
appointment as senior advisor and consultant to the Company and
expected benefits therefrom, the term of Mr. Ellenbogen's
consultancy agreement and the business strategies and operational
activities of 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 or events 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 contract risk 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 most recent Annual
Information Form and annual Management Discussion and Analysis,
which also form part of the Company's annual report on Form 40-F
filed with the U.S. Securities and Exchange Commission. 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, except as required by law.
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SOURCE DHX Media Ltd.