Pew: 37% of Republicans and 38% of Democrats trust information from social media; 40% of Republicans and 78% of Democrats trust national news organizations (Kirsten Eddy/Pew Research Center)

Mediagazer: Pew: 37% of Republicans and 38% of Democrats trust information from social media; 40% of Republicans and 78% of Democrats trust national news organizations (Kirsten Eddy/Pew Research Center)

Top News:

CNBC:

Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B; NFLX jumps 7%+— LOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow.
Discussion: Netflix, Los Angeles Times, The Hollywood Reporter, Barron's Online, The Hollywood Reporter, @lucas_shaw, @carnage4life@mas.to, Sarah Whitten on LinkedIn, AdExchanger, Thurrott, Adweek, Light Reading, Neowin, StreamTV Insider, Deadline, The Streamable, Variety, Quartz, Forbes, Benzinga, The Verge, Wall Street Journal, Yahoo Lifestyle, Deadline, New York Times and Business Insider, more at Techmeme »

Discussion:
Netflix: Fellow shareholders — In Q3, revenue grew 15% year over year and operating margin was 30% vs. 22% last year.

Samantha Masunaga /
Los Angeles Times: Netflix adds 5 million subscribers and beats Wall Street's profit expectations

Georg Szalai /
The Hollywood Reporter: Netflix Earnings Review: Stock Pop, More Price Target Hikes, But Also More Warnings

George Glover /
Barron's Online: Should You Buy Netflix Stock After Earnings?

Lucas Shaw /
@lucas_shaw: New: Netflix added about 5 million customers last quarter and beat Wall Street forecasts on pretty much every metric.

Dare Obasanjo /
@carnage4life@mas.to: Netflix's growth strategy of clamping down on password sharing while proving an ad-supported tier as an escape hatch has been an incredible success. — The company beat expectations on revenue, profits & new subscribers. The ad tier is helping as 50% of new sign ups are on that tier in the markets it's available. …

Sarah Whitten /
Sarah Whitten on LinkedIn: Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow. …

Victoria McNally /
AdExchanger: Netflix Predicts Ad Revenue Will Double Next Year

Paul Thurrott /
Thurrott: Netflix Revenues Up 7.8 Percent to $8.5 Billion

Saleah Blancaflor /
Adweek: Netflix Adds 5 Million Subscribers and Details 2 Big Ads Initiatives

Jeff Baumgartner /
Light Reading: Netflix beats Wall Street with 5.1M sub adds in Q3

John Callaham /
Neowin: Netflix added just over 5 million new subscribers in the third quarter of 2024

Bevin Fletcher /
StreamTV Insider: Netflix reports revenue, subscriber growth in Q3

Jennifer Maas /
Variety: Netflix Adds 5 Million Paid Subscribers in Q3 to Reach 282 Million Globally

Bruce Gil /
Quartz: Netflix is serious about ads

Lindsey Choo /
Forbes: Netflix Earnings: Stock Climbs As Streaming Giant Beats Expectations—But Subscriber Growth Slows

Chris Katje /
Benzinga: Netflix Q3 Earnings: Revenue Beats, EPS Tops, Q4 Guidance Projects Subscriber Boost From ‘Squid Game,’ NFL, And Boxing

Jessica Toonkel /
Wall Street Journal: Netflix Subscriber Growth Slows Amid Revenue Gains

Alexandra Canal /
Yahoo Lifestyle: Netflix earnings, subscriber growth top estimates as investors eye potential price hikes

Nicole Sperling /
New York Times: Netflix Adds 5 Million Subscriptions in Quarter

Alex Bitter /
Business Insider: Netflix beat expectations yet again

RELATED:
Reuters:

Netflix gained 5.1M new subscribers in Q3, vs. 4M est., and says more than 50% of signups were for its ad-supported tier in countries where it was available— Netflix (NFLX.O) picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million …

Discussion:
Adweek, Quartz, Business Insider, Associated Press, Barron's Online, Euronews, Observer, Forbes, The Media Leader, @reutersbiz, Bloomberg, Capital Brief, The Times, Entrepreneur, RTÉ, The Wrap, The Desk, IndieWire, Reuters, TVNewsCheck, Deadline and Advanced Television, more at Techmeme »

Discussion:

Brad Pareso /
Adweek: Netflix Adds 5.1M Subs, Details 2 Big Ads Initiatives

Shubhangi Goel /
Business Insider: Netflix just had a blockbuster quarter, and its Asia strategy had a big role to play in it

Michael Liedtke /
Associated Press: Netflix's subscriber growth is slowing, but its profit and stock price are still surging Barron's Online: Netflix Is Winning the Subscriber Battle. Why It's Now Pressing the Mute Button and 5 Other Things to Know Today.

Alexandra Tremayne-Pengelly /
Observer: Netflix Added 5M Subscribers in Q3 Despite Lingering Effects of Hollywood Strikes @reutersbiz: Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama ‘Squid Game’ returns. More here: https://www.reuters.com/... [video]

Louisa Clarence-Smith /
The Times: Netflix beats expectations with 5m new subscribers

Sherin Shibu /
Entrepreneur: Is Netflix Raising Prices? Analysts Predict Yes as Company Posts Earnings

Lucas Manfredi /
The Wrap: Netflix Profits Surge 41% in Q3 to $2.36 Billion as Streamer Adds 5 Million Subscribers

Matthew Keys /
The Desk: Netflix adds 5 million global subscribers during Q3

Tony Maglio /
IndieWire: Netflix Added 5 Million Subscribers This Summer

Jill Goldsmith /
Deadline: Netflix Stock Ticks Up On Earnings Beat: Streamer Stresses Engagement As It Plans To Stop Reporting Quarterly Subscriber Numbers Next Year

Variety:

Netflix forecasts 2025 revenue of $43B-$44B, which would be 11%-13% higher than its 2024 guidance, and targets a 2025 operating margin of 28% vs. 27% in 2024— Netflix is expecting to keep growing revenue at double-digit percentages in 2025. — In reporting Q3 2024 results that beat analyst forecasts …

Discussion:

Peter White /
Deadline: Netflix Slams Rivals' Bundling Plans, Blames Strikes For “Patchier” Programming

Mansha Daswani /
WORLD SCREEN: Netflix Revenues Rise 15 Percent In Q3

Wayne Friedman /
MediaPost: Netflix' Strong 3Q Revenues, Ad-Options Gain. But Mixed Subscribers

Peter Kafka /
@pkafka: I wrote about how Netflix now makes $9 billion a year in profit - actual net income - and no one cares but a few year ago smart people thought they'd have trouble paying off their debt. https://www.businessinsider.com/ ...

Daniel Thomas /
Financial Times: Netflix's third-quarter revenue and subscriber numbers beat expectations

Eric Fisher /
Front Office Sports: Netflix Shares Rise on Strong Earnings As Christmas NFL Games Lie Ahead

JesterAI /
Motley Fool: Netflix: Big Q3 Gains in Revenue, Margin

Caitlin Huston /
The Hollywood Reporter: Netflix Expects Programming Slate to Return to Normal in 2025 After Strike Disruption

The Information:

LinkedIn woos publishers, testing a “News Banner” on its mobile app feed and a video ad program that sources say will earn Bloomberg and WSJ $2M+ each in 2024— As Facebook owner Meta Platforms has backed away from news, Microsoft's LinkedIn has leaned into it.

Discussion:

Rodrigo Brancatelli /
Rodrigo Brancatelli on LinkedIn: Check out this great article from The Information. At LinkedIn, our team is deeply committed to bringing top-tier news and insights to our members …

Dan Horowitz /
Dan Horowitz on LinkedIn: Great new post from The Information. Just one of the stats in the piece - The number of videos published to LinkedIn by publishers on a weekly basis …

Catherine Taibi Autorino /
Catherine Taibi Autorino on LinkedIn: Our vision at LinkedIn is to connect Members with relevant professional news & knowledge from trusted sources. …

Colin Kirkland /
MediaPost: LinkedIn Ad Updates Take On Video, AI, Livestreamed Events

Pew Research Center:

Pew: 37% of Republicans and 38% of Democrats trust information from social media; 40% of Republicans and 78% of Democrats trust national news organizations— Republicans are now nearly as likely to trust the information that comes from social media sites as they are to trust information …

Adweek:

Bloomberg launches a Weekend Edition to reduce churn; CPO Julia Beizer says the publisher has 740K subscribers, of which about 40% are from outside the US— The new editorial product will focus on the intersection of finance and culture, boosting weekend readership

Discussion:
Bloomberg and Talking Biz News

Discussion:

Katherine Bell /
Bloomberg: What to Expect in Bloomberg's New Weekend Edition

Chris Roush /
Talking Biz News: Bloomberg launches weekend edition

Wired:

Inside the inaugural Culver Cup, a generative AI film competition sponsored by AWS and FBRC.ai giving filmmakers AI tools and three weeks to submit a short— Amazon is hosting AI filmmaking competitions. Meta is letting directors test Movie Gen. As tech companies develop new tools …

404 Media:

Hobbyists post the code for Redbox kiosk software online, and tinkerers have been probing how it works, sometimes repurposing abandoned machines to run Doom— The code that runs Redbox DVD rental machines has been dumped online, and, in the wake of the company's bankruptcy …

Discussion:
Gizmodo, @rysiek@mstdn.social, Ars Technica, @georgescriban@threads.net and @jasonkoebler@threads.net

Discussion:
@rysiek@mstdn.social: This would be a great story to use the word “hackers” in, to reclaim it for the community: — https://www.404media.co/...

Scharon Harding /
Ars Technica: Redbox easily reverse-engineered to reveal customers' names, zip codes, rentals @georgescriban@threads.net: This is the ethos/spirit/vibe that lured me toward computers and software.

Jason Koebler /
@jasonkoebler@threads.net: Incredibly cool: A community of people on Discord are salvaging Redbox kiosks from Walgreens all over the country and are reverse engineering and modifying them. Redbox OS got dumped this week and people are actively figuring out how to repurpose it: https://www.404media.co/...

Press Gazette:

Jon Steinberg, CEO of UK magazine publisher Future, announces plans to step down in 2025 after a 12-month notice period; Steinberg joined in April 2023— Steinberg was in the role for approximately a year and a half. — Shares in magazine publisher Future plc dropped more than 10% …

Discussion:
London Stock Exchange, The Times and The Media Leader

Nieman Lab:

A year after its launch, The Guardian's European edition generates 15% of the company's pageviews, and one-time donations from European readers increased by 45%— After the launch of Guardian Europe, one-time donations from European readers increased by 45%.

Discussion:
American Press Institute

Axios:

Memo: Google will block US election ads after the polls close on November 5 to prevent misinfo about voting, including candidates prematurely claiming victory— - Google is implementing the policy “out of an abundance of caution and to limit the potential for confusion …

Discussion:

Christine Mui /
Politico: Google to block election ads after polls close on Election Day

Sara Fischer /
@sarafischer: Scoop: @Google will block election ads after polls close on Nov 5 — Trying to curb misinformation about voting, including candidates prematurely claiming victory More on @axios https://www.axios.com/...

Ananya Gairola /
Benzinga: Google Says An Election Ad Ban Will Be Imposed After Polls Close To Curb Misinformation: ‘Implementing This Policy Out Of An Abundance Of Caution’

Ashleigh Fields /
The Hill: Google to block election ads after polls close on Election Day

Warner Crocker /
@WarnerCrocker@mastodon.social: “The policy, first introduced during the 2020 election, is meant to prevent misinformation about voting, including candidates prematurely claiming victory before a race is called.” — Google will block election ads after polls close — #politics — https://www.axios.com/... [image]

Elaine Mallon /
Washington Examiner: Google will block all election ads after polls close on Election Day

TVNewsCheck:

Tegna and Dallas Mavericks announce that six Tegna TV stations will join eight stations owned by others to air games to ~14M people in Texas, starting Oct. 26— Eight stations join the six owned by Tegna to create one of the largest sports franchise footprints assembled by a local broadcast group.

Discussion:

Matthew Keys /
The Desk: TEGNA partners with peer broadcasters to expand access to Dallas Mavericks games

Ronnie Fauss /
Ronnie Fauss on LinkedIn: Great news for Mavs fans across Texas!

Jessica Kleinschmidt /