WildBrain looking toward a future beyond TV business

Though DHX Television Ltd., operating as WildBrain, is winding down its television operations, the company’s CEO is optimistic about its priorities. CEO Josh Scherba acknowledged the TV announcement made last month during a quarterly call with analysts Friday, Sept. 26, saying “while this was not our preferred outcome, it simplifies our business and enables us to focus on higher growth, more scalable areas.” “Once we are no longer subject to Canadian control restrictions under the Broadcasting Act, we will move to a single-class share structure, providing greater strategic flexibility for the future,” Scherba said. “The exit from television enables us to fully concentrate resources on the opportunities with the greatest returns, while our studio continues to fuel the pipeline with premium content for top global partners. We believe these steps combined with the scalability of our digital platforms and the cultural resonance of our brands position WildBrain for double-digit growth in both the coming fiscal year, but also for many years to come” The company’s consolidated revenue was up 13 per cent to $523.4 million for the fiscal year ended June 30, up from $461.8 million the year prior. Excluding its soon-to-be shuttered television business, revenue was up to $487.3 million, a rise of 14 per cent from $426.4 million. Its consolidated revenues for the fourth quarter were $139.1 million, up from $129.9 million in the fourth quarter the year before. Global licensing revenue was up by 33 per cent for the fiscal year to $284.2 million from $213.6 million the year prior. The company reported a net loss attributable to shareholders of $89.8 million for the year, a decrease of $16.2 million compared to the net loss of $106 million it saw in 2024. Its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was $92.3 million, up five per cent from $87.6 million for the year. When asked by an analyst whether WildBrain is looking at implementing artificial intelligence in its business in ways that might save it some money, Scherba said the company has been looking into ways to use AI over the past several months, particularly related to churning out short-form videos for social media. “We expect to be able to be in a position to start to roll some of that content out in fiscal ‘26 as it relates to our more traditional studio.” “We are an artist-led studio and they will continue to be so, but we do look for areas that could aid artists in allowing them to perform more high-value work, and so those are tools that we continue to look at,” he said. news@thewirereport.ca

WildBrain looking toward a future beyond TV business

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By Wire Report Staff
|September 26, 2025

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WildBrain looking toward a future beyond TV business

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By Wire Report Staff
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