Dade Hayes

EXCLUSIVE: AWA Studios, the three-year-old film and television division of Artists, Writers & Artisans, is stepping up in the world of film financing

AWA Studios, the three-year-old film and television division of Artists, Writers & Artisans, is stepping up in the world of film financing by appointing respected veteran Victoria Rossellini as a senior strategic advisor.

Comcast reported first quarter results that outpaced Wall Street expectations, with Peacock reaching 34 million subscribers but seeing higher programming costs erode profits in the Media unit.

TelevisaUnivision reported a 7% year-over-year increase in revenue due to direct-to-consumer proceeds and linear networks in Mexico, but flat domestic ad revenue dragged down overall results.

In early May, sandwiched between the NewFronts and the traditional broadcast (and now streaming) upfronts, a new showcase for pitches to major advertisers will make its debut.

Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the benefits of ongoing price inflation in the streaming sector.

G/O Media has The Onion to four anonymous investors calling themselves "Global Tetrahedron" after one of the humor brand's own gags.

UPDATED with executive appointment, additional details. The Onion, which is once again under new ownership, has appointed former NBC News reporter Ben Collins CEO.

Board members at Paramount Global are reportedly considering the removal of CEO Bob Bakish as discussions continue with Skydance Media about a complex, multi-step merger.

Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations.