Digital

Netflix beat forecasts for subscriber growth — its own as well as Wall Street’s — in the third quarter, reaching 214 million worldwide. The company matched revenue estimates in the period ending Sept. 30, reporting $7.48 billion, but demolished earnings per share estimates. After forecasting $2.55, it posted $3.13.

The entertainment company has announced tie-ups with two of the biggest ad-tech companies on the public markets (Magnite and The Trade Desk) that enable programmatic and addressable advertising on linear TV.

The virtual walkout planned for Wednesday is the latest example of how the internal backlash over the comedian’s new special has roiled the streaming service.

Walt Disney’s stock received a rare Wall Street downgrade on Monday, as Barclays called for bold changes from the media giant to reverse slowing growth at its Disney+ streaming service.

Agreeing with Amazon, a federal judge has dismissed allegations that the company dupes consumers by claiming to sell online videos, but retaining the right to revoke access to the material. In a ruling issued Friday, U.S. Chief District Judge Kimberly Mueller in Sacramento said Fairfield, Calif., resident Amanda Caudel, the consumer who brought the case, couldn’t proceed in federal court because she hadn’t been injured by Amazon.

ViacomCBS and Altice USA said they reached a new carriage deal that includes the media company’s streaming services as well as its broadcast stations and cable networks.

A high-flying German media giant is ahead on digital media but seems stuck in the past when it comes to the workplace and deal-making.

New jobs posted to TVNewsCheck’s Media Job Center include openings for a news producer, a traffic coordinator and a digital sales manager for stations owned by Hearst, Nexstar and the Get After It Media network.

Major League Baseball is in talks to launch a nationwide video-streaming service that would enable fans to watch their teams’ hometown games without a cable-TV subscription. The web-based service — which could address a decades-old annoyance for baseball fans that some have partly blamed for the league’s steadily declining viewership — could launch as early as the 2023 season, a person with direct knowledge of the negotiations said.

Netflix has fired a long time employee who leaked confidential financial information in response to the streamer’s launch of Dave Chappelle’s controversial The Closer special on Oct. 5. “We have let go of an employee for sharing confidential, commercially sensitive information outside the company,” a Netflix spokesperson said Friday.”We understand this employee may have been motivated by disappointment and hurt with Netflix, but maintaining a culture of trust and transparency is core to our company.”

A new outlook report from the Interactive Advertising Bureau, based on a survey of nearly 20 buy- and sell-side industry leaders by PriceWaterhouseCoopers and insights from other IAB research, forecasts digital ad spend to reach $165.5 billion next year.

The WarnerMedia cable-news outlet typically runs a significant chunk of promotions for its programming on its own air and in other venues owned by its parent company. Today, it’s airing an initial ad to entice loyal viewers to consider CNN+, its new video-streaming service slated to launch in 2022.

The comedian Dave Chappelle’s comments on transgender people and gender in The Closer have led to outside criticism and internal unrest at the company that upended Hollywood.

Walker will oversee all digital platform programming and priority management and is tasked with driving digital revenue, acquisition and engagement across NBC, Bravo, E!, Oxygen, SYFY, Universal Kids and USA as well as audience acquisition in sports.

The global success of Netflix’s Korean drama Squid Game illustrates the growing strength of non-English-language programming worldwide.

The Korean-language limited series, which had Netflix’s biggest first-28-day premiere ever, drew only 206 million viewing minutes during its first week on the platform.

Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite internet service. “Please let them know if you want it on your airliner,” Musk wrote in a tweet, adding that Starlink could add “low latency half gigabit connectivity in the air!”

TikTok, an app best known for dancing videos with 1 billion users worldwide, has also become a shopping phenomenon. National chains, hoping to get TikTok’s mostly young users into its stores, are setting up TikTok sections, reminiscent of “As Seen On TV” stores that sold products hawked on infomercials. Above, a column of candy, left, featured in TikTok videos is displayed at It’Sugar candy store on the Upper East Side of New York. (AP Photo/Mary Altaffer)

Netflix Co-CEO Ted Sarandos sent a lengthy missive to the entire company following the mounting controversy around The Closer, a new original special from comic Dave Chappelle.

Facebook will now count activists and journalists as “involuntary” public figures and so increase protections against harassment and bullying targeted at these groups, its global safety chief said in an interview.