HALIFAX, Oct. 2, 2019 /CNW/ - DHX Media Ltd. (dba
WildBrain) ("WildBrain" or the "Company") (TSX: DHX, NASDAQ: DHXM)
announces that Elizabeth Beale has
stepped down from the Company's Board of Directors, effective
immediately.
Don Wright, Chair of the Board of
Directors, said: "On behalf of the Board, I would like to thank
Elizabeth for her contribution and oversight during her years of
service as a Director of the company. We wish her well in the
future."
About WildBrain
At WildBrain we make great content for kids and families. With
over 13,000 half-hours of filmed entertainment in our library – one
of the world's most extensive – we are home to such brands as
Peanuts, Teletubbies, Strawberry Shortcake,
Caillou, Inspector Gadget and Degrassi. Our
shows are seen in more than 150 countries on over 500 telecasters
and streaming platforms. Our AVOD business – WildBrain Spark
– offers one of the largest networks of kids' channels on YouTube,
with over 109 million subscribers. We also license consumer
products and location-based entertainment in every major territory
for our own properties as well for our clients and content
partners. Our television group owns and operates four family
entertainment channels that are among the most-viewed in
Canada. WildBrain is headquartered
in Canada with offices worldwide
and trades on the Toronto Stock Exchange (DHX) and the NASDAQ
(DHXM). Visit us at www.wildbrain.com.
On September 23, 2019, DHX
Media Ltd. announced it is rebranding as "WildBrain".
Disclaimer
This press release contains "forward-looking statements" under
applicable securities laws with respect to the Company including,
without limitation, statements regarding 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
the risk 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. (dba WildBrain)