Canadian Technology Stocks and Startups
Jacob Securities analyst Sameet Kanade says DHX Media’s (TSX:DHX) integration of Cookie Jar Entertainment is going better than he expected. Yesterday, before market open, DHX reported its Q3, 2013 financial results. The company earned $906,000 on revenue of $31.23-million, which was up 88% from the $16.62-million topline the company posted in the third quarter of [...]
Halifax-based DHX Media (TSX:DHX) may soon go from hunter to hunted, says Jacob Securities analyst Sameet Kanade. Kanade says the DHX, which is now the largest supplier of children’s programming to Netflix, has transformed itself with the several recent acquisitions, including the pickup of privately held Cookie Jar Entertainment for $111 million. The analyst says [...]
Halifax-based children’s programmer DHX Media (TSX:DHX) today announced content partnerships with BlackBerry, the CBC and Berkshire Axis Media Distribution. DHX says it will provide 1000 episodes of programming to BlackBerry, including titles such as Inspector Gadget and Sonic the Hedgehog. DHX Senior VP of Distribution said Josh Scherba, SVP of Distribution at DHX Media, says [...]
Ask any CEO about his company’s most valuable asset, and he will, without fail, respond by telling you it is the employees of said concern. Is this just a platitude, or does it actually mean something? At the junior level, where companies might employ ten to fifty people, a charismatic CEO can indeed carry the [...]
On Tuesday, shares of Netflix were on fire, tacking on more than $10 to close at 86.64, after the company signed a reputed $300 million contract for exclusive access to new Disney movies. The deal, which will begin in 2016, will give Netflix subscribers access to Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios [...]
DHX Media (TSX:DHX) today announced it has signed has numerous broadcast and licensing deals for its preschool program, Caillou. The Halifax-based company, which recently announced the sale of a fourth season of Caillou to to PBS Kids, will license the hit show across items as diverse as storage containers, sleepwear, plastic vehicles, puzzles, shampoo, bubble [...]
This past summer, Halifax-based children’s entertainment company DHX Media (TSX:DHX) made a splash. The company announced it would acquire peer Cookie Jar Entertainment for $111-million. The move instantly created Canada’s largest children’s entertainment company, and made DHX the top supplier of children’s programming to Netflix. The scale of the move impressed many analysts and at [...]
On August 20th, Halifax-based children’s entertainment company DHX Media (TSX:DHX) made a splash. The company announced it would acquire peer Cookie Jar Entertainment for $111-million. The move instantly created Canada’s largest children’s entertainment company, and made DHX the top supplier of children’s programming to Netflix. Northern Securities analyst Sameet Kanade says the marriage of DHX [...]
On Monday, DHX Media (TSX:DHX) announced it would acquire, for approximately $111 million, Toronto-based Cookie Jar Entertainment, a deal that would add $56.7-million to DHX’s topline and create the world’s largest catalogue of children’s entertainment. The market liked the deal; shares of DHX climbed nearly 24% Monday as more than 3.3-million shares changed hands. Byron [...]
This morning, DHX Media (TSX:DHX) announced it had entered into a a definitive agreement to acquire the business of Cookie Jar Entertainment. The move will create Canada’s largest children’s entertainment company. DHX will pay $5 million in cash, issue 36 million shares, and assume $66 million of CJE’s debt. “The acquisition of Cookie Jar is [...]
