DHX EXPECTS STRATEGIC REVIEW TO BE DONE BY JUNE 30

Executives of DHX Media Ltd. told its annual shareholders meeting in Halifax that they expect a strategic review of its options to be complete by June 30, at the end of its fiscal fourth-quarter and 2018 financial year. Executive chairman Michael Donovan said DHX is evaluating multiple promising opportunities that he hopes will have a positive effect on the company’s share price. He made the comment in response to a complaint about the DHX share price, which was described as “floundering.” DHX Media shares opened at $4.01 as the meeting was being held, about 26-percent lower than a year ago. Donovan and executive vice- president David Regan said they were confident the company’s financial performance will be improved by initiatives taken over the past year.