Elon Musk seeks to reassure Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape” (Todd Spangler/Variety)

Todd Spangler / Variety:
YouTube’s Q3 ad revenue dropped 1.9% YoY to $7.07B, below expectations of $7.42B and marking YouTube’s slowest ad growth in at least two years  —  Overall, Alphabet, Google’s parent company, also came in below analyst estimates.  The company posted revenue of $69.1 billion and earnings per share of $1.06 for Q3.

Todd Spangler / Variety:
A Twitter thread from Matt Taibbi exposes Twitter documents on the internal debate over the handling of content related to NY Post’s Hunter Biden laptop story  —  The new disclosures, touted as “The Twitter Files,” were posted in a lengthy Twitter thread by investigative reporter and author Matt Taibbi (and retweeted by Musk).

Todd Spangler / Variety:
Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M  —  Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million …

Todd Spangler / Variety:
Roku reports Q3 revenue up 12% YoY to $761.4M vs. $694M est., 21.9B streaming hours, and 2.3M streaming accounts added; stock drops 17%+ on weak Q4 guidance  —  Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed …

Todd Spangler / Variety:
NBCUniversal partners with Meta to bring content to Quest VR headsets in 2023, from The Office, DreamWorks, the Peacock streaming app, and more  —  Ready to see the Dunder Mifflin gang in virtual reality?  —  Meta, looking to spark broader interest in VR, announced a new partnership …

Todd Spangler / Variety:
Sources: Netflix’s ad-supported tier may debut on Nov. 1 in markets including Canada, France, Germany, UK, and US; the date was moved to beat Disney+’s Dec. 8  —  Netflix is moving up the timeline for the debut of its cheaper, ad-supported plan to November — in order to get out before the Dec. 8 launch …