Bright futureIn the final analysis, DHX owns an enormous library of digital children's media that would cost $1.5 billion to replace. They are the largest independent owner of children's programming globally. The digital revolution is at the end of it's first phase and DHX is a content owner that is ideally positioned to leverage this high level of growth. The path for this company ends with a takeout by a larger media company. In my opinion they should stop the dividend and utilize their cash flow to aquire as many half-hours as humanly possible and expand their sales force before the buy-out.