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DHX Flat on Markets Following Amazon Hookup

DHX Media Ltd (USA) (NASDAQ: DHXM) and Amazon (NASDAQ: AMZN) Prime Video disclosed a “large volume content deal.”

The company with headquarters in Halifax, Nova Scotia announced Thursday the deal for 13 DHX Media kids' shows with Amazon Prime Video for its global subscription-video-on-demand (SVOD) service. This agreement marks the largest between the two companies to date, covering more than 200 countries and territories and 15 languages.

Under the deal, new titles will be added to the international streaming service, including Bob the Builder™, Fireman Sam™, Caillou, Johnny Test, Yo Gabba Gabba!, classic Inspector Gadget and In the Night Garden, for launch beginning this fall.

DHX CEO Dana Landry said "Leading global SVOD services are forecast to collectively spend approximately $19 billion U.S. on content through 2018.
"This far-reaching agreement announced today with Amazon Prime Video reinforces DHX Media's position as a 'go-to' provider of kids', multi-language content to this robust market."

Last December, Amazon Prime Video launched for customers in more than 200 countries and territories around the globe. New customers can sign-up at PrimeVideo.com to stream on many connected devices, including Android and iOS phones and tablets, select LG and Samsung smart TVs and Android TV by Sony and PlayStation consoles.

Members can also download all movies and TV shows for offline viewing on mobile devices-that means watching on a plane, train, anywhere at no additional cost.

Shares in DHX in New York inched up 3.5 cents to $3.89 as the minutes ticked down on Thursday’s trading session.