Latest NewsDHX Media to delist from NASDAQ

DHX Media to delist from NASDAQ

DHX Media (doing business as WildBrain) has notified NASDAQ of its intention to voluntarily delist its shares from the American stock exchange. WildBrain shares will continue to trade on the Toronto Stock Exchange (TSX).

The children’s content producer and distributor says with the majority of its shares trading on the TSX, the company believes the cost and administrative requirements associated with maintaining a dual listing are no longer justified. The decision is in line with the Nova Scotia-headquartered company’s ongoing efforts to find cost savings to re-invest in growth areas of the business.

Its shares are expected to cease trading on NASDAQ on or about Dec. 24, 2019

For the first quarter of Fiscal 2020, the three-month period ended Sept. 30, 2019, Wildbrain reported revenue of $112.3 million, up 8% over the same quarter last year. The company has been seeing good returns from a growing online audience for its ad-based AVOD network – WildBrain Spark – one of the largest networks of kids’ channels on YouTube, with over 109 million subscribers. Its distribution also rose 78% to $15.6 million, compared to $8.8 million a year ago, driven by a large library deal with CBS All Access.

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Connie Thiessen
Connie Thiessen
Connie has worked coast-to-coast as a reporter, editor, anchor and host at CKNW and News 1130 in Vancouver, News 95.7 and CBC in Halifax, and CFCW Edmonton, among other stations. With a passion for music, film and community service, she led News 95.7 to a 2013 Atlantic Journalism Award and regional RTDNA award for Best Radio Newscast. More recently, she was nominated for Music Journalist of the Year at Canadian Music Week 2019. To report a typo or error please email -

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