DHX Media expands its 3rd party licensing business 'CPLG' into the U.S.


Symbol Price Change
DHX.TO 4.94 0.02

Also sets 10 a.m. EDT May 14th, 3rd Quarter Analyst Call

HALIFAX, May 8, 2014 /CNW/ - DHX Media Ltd. ("DHX" or the "Company") (TSX:DHX.TO - News), a leading independent creator, producer, distributor and licensor of children's entertainment content, announces that its European third party licensing business, CPLG, is expanding into North America with a new office in Los Angeles.

The new operation will be headed by Ted Larkins, an industry veteran with a strong track record in managing high-profile consumer brands. The US office will leverage properties from the US to the international market and vice versa, and offer full-service agency capabilities of licensing, sales, retail development, product approvals, finance and legal services.

CPLG North America will represent a number of high profile brand and sporting rights including The Michelangelo Collection, the iconic Space Invaders brand and St Andrews Links. It will also be the appointed licensing agent for DHX Media's key entertainment brands, including hit properties Yo Gabba Gabba!, Caillou, Ella the Elephant, Johnny Test and the recently acquired evergreen Degrassi franchise.

Peter Byrne CEO of CPLG says: "As one of the most trusted and respected agency brands in the industry, the North American market represents a natural next step for our business. We also have a very seasoned pair of hands in Ted Larkins, whose experience will be a major asset in spearheading CPLG's growth in this market. We are thrilled to welcome Ted on board -it is a very exciting milestone in the company's history."

Analyst call details

The Company will hold a conference call for analysts to discuss its Q3 2014 financial results on Wednesday, May 14th, 2014 at 10:00 a.m. EDT, following the release of its financial results.  Media and others may access this call on a listen-in basis.  Conference call details are as follows:

To access the call, please dial +1(888)231-8191 toll-free or +1(647)427-7450 internationally. Please allow 10 minutes to be connected to the conference call.

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PS.  No surprises at better earnings and an eventual takeout by a bigger media firm.