Complex sentence: To make up for the loss of Disney programming, DHX announced that it would place a larger emphasis on new and returning original productions for Family Channel, and that it was finalizing an output deal with Mattel for programming based off its properties across the Family networks.
Split into simpler sentences: To make up for the loss of Disney programming, DHX announced that it would place a larger emphasis on new and returning original productions. It is currently finalizing an output deal with Mattel for programming based off its properties across the Family networks.