Filing Details

* See Item 4(b).

* See Item 4(b).

* See Item 4(b).

* See Item 4(b).

* See Item 4(b).

* See Item 4(b).

* See Item 4(b).

Item 1(a).

Name of Issuer:

DHX Media Ltd. ("Issuer")

Item 1(b).

Address of Issuer's Principal Executive Offices:

1478 Queen Street
Halifax, Nova Scotia
Canada B3J 2H7

Item 2(a).

Name of Persons Filing:

The names of the persons filing this statement on Schedule 13G are (collectively, the "Reporting Persons"):

·	Luxor Capital Partners, LP, a Delaware limited partnership (the "Onshore Fund");

·	Luxor Capital Partners Offshore Master Fund, LP, a Cayman Islands limited partnership (the "Offshore Master Fund");

·	Luxor Capital Partners Offshore, Ltd., a Cayman Islands exempted company (the "Offshore Feeder Fund");

·	LCG Holdings, LLC, a Delaware limited liability company ("LCG Holdings");

·	Luxor Capital Group, LP, a Delaware limited partnership ("Luxor Capital Group");

·	Luxor Management, LLC, a Delaware limited liability company ("Luxor Management");  and

·	Christian Leone, a United States citizen ("Mr. Leone").

The Offshore Master Fund is a subsidiary of the Offshore Feeder Fund. LCG Holdings is the general partner of the Onshore Fund and the Offshore Master Fund.  Luxor Capital Group acts as the investment manager of the Onshore Fund, the Offshore Feeder Fund and the Offshore Master Fund (collectively, the "Funds").  Luxor Management is the general partner of Luxor Capital Group.  Mr. Leone is the managing member of Luxor Management.  Mr. Leone is the managing member of LCG Holdings.

By virtue of these relationships, LCG Holdings may be deemed to have voting and dispositive power with respect to the Shares (as defined below) owned directly by the Onshore Fund and the Offshore Master Fund.  By virtue of these relationships, each of Luxor Capital Group, Luxor Management and Mr. Leone may be deemed to have voting and dispositive power with respect to the Shares beneficially owned by the Funds.

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The principal business address of each of the Onshore Fund, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone is 1114 Avenue of the Americas, 29th Floor, New York, New York 10036.

The principal business address of each of the Offshore Master Fund and the Offshore Feeder Fund is c/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.

Item 2(c).

Citizenship:

Mr. Leone is a citizen of the United States.

Each of Luxor Management and LCG Holdings is a limited liability company formed under the laws of the State of Delaware.

Each of the Onshore Fund and Luxor Capital Group is a limited partnership formed under the laws of the State of Delaware.

The Offshore Feeder Fund is a company formed under the laws of the Cayman Islands.

The Offshore Master Fund is a limited partnership formed under the laws of the Cayman Islands.

Item 2(d).

Title of Class of Securities:

Variable Voting Shares, without par value (the "Shares")

Item 2(e).

CUSIP Number:

252406608

Item 3.

If This Statement is Filed Pursuant to Rule 13d 1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a)	Amount beneficially owned:

As of the close of business on December 31, 2016,

(i)	The Onshore Fund beneficially owned 3,537,155 Shares;

(ii)	The Offshore Master Fund beneficially owned 2,969,790 Shares. The Offshore Feeder Fund, as the owner of a controlling interest in the Offshore Master Fund, may be deemed to have beneficially owned the Shares beneficially owned by the Offshore Master Fund;

(iii)

LCG Holdings, as the general partner of the Onshore Fund and the Offshore Master Fund may be deemed to have beneficially owned the 6,506,945 Shares beneficially owned by the Onshore Fund and the Offshore Master Fund;

(iv)	Luxor Capital Group, as the investment manager of the Funds, may be deemed to have beneficially owned 6,506,945 Shares;

(v)	Luxor Management, as the general partner of Luxor Capital Group, may be deemed to have beneficially owned the 6,506,945 Shares beneficially owned by Luxor Capital Group; and

(vi)	Mr. Leone, as the managing member of Luxor Management, may be deemed to have beneficially owned the 6,506,945 Shares beneficially owned by Luxor Management.

(b)	Percent of Class:

The aggregate percentage of Shares reported owned by each person named herein is based upon an aggregate of 133,925,217 shares, which is the sum of 25,482,711 Shares and 108,442,506 Common Voting Shares issued and outstanding as of December 31, 2016, as reported in the Issuer's Management Discussion and Analysis for the Three and Six Months Ended December 31, 2016 attached as Exhibit 99.2 to the Issuer's Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on February 13, 2017. The percentages reported herein reflect the treatment of the Issuer's Common Voting Shares and Shares as a single class of securities as the Common Voting Shares and Shares have substantially similar rights and privileges. Because the Common Voting Shares and Shares are deemed to be automatically converted into the other class depending on the status of the holder thereof, it is not possible for the Reporting Persons to know on any given day the number of Shares outstanding.

As of the close of business on December 31, 2016,

(i)	The Onshore Fund beneficially owned approximately 2.6% of the outstanding Shares;

(ii)	The Offshore Master Fund beneficially owned approximately 2.2% of the outstanding Shares and the Offshore Feeder Fund may be deemed to have beneficially owned approximately 2.2% of the outstanding Shares;

(iii)

LCG Holdings may be deemed to have beneficially owned approximately 4.9% of the outstanding Shares; and

(iv)	Each of Luxor Capital Group, Luxor Management and Mr. Leone may be deemed to have beneficially owned approximately 4.9% of the outstanding Shares.

(c)	Number of shares as to which such person has:

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

See Exhibit A of the Schedule 13G filed with the Securities and Exchange Commission on November 20, 2015.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification.

By signing below each of the undersigned certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

LUXOR CAPITAL PARTNERS, LP
By:	LCG Holdings, LLC, as General Partner
By:	/s/ Norris Nissim
	Name:	Norris Nissim
	Title:	General Counsel
LUXOR WAVEFRONT, LP
By:	LCG Holdings, LLC, as General Partner
By:	/s/ Norris Nissim
	Name:	Norris Nissim
	Title:	General Counsel
LUXOR CAPITAL PARTNERS OFFSHORE MASTER FUND, LP
By:	LCG Holdings, LLC, as General Partner
By:	/s/ Norris Nissim
	Name:	Norris Nissim
	Title:	General Counsel
LUXOR CAPITAL PARTNERS OFFSHORE, LTD.
By:	Luxor Capital Group, LP, as investment manager
By:	/s/ Norris Nissim
	Name:	Norris Nissim
	Title:	General Counsel