Sources: Netflix seeks to charge brands ~$65 for 1,000 viewers on its ad-supported tier, more than most other services, with an annual $20M brand spending cap (Suzanne Vranica/Wall Street Journal)

Wall Street Journal:
Memo: Netflix told ad buyers the company expects its ad-supported tier to reach 4.4M unique viewers globally in 2022, and ~40M by Q3 2023, with 13.3M in the US  —  Streaming giant shared projections for ‘unique viewers’ across a dozen launch markets with ad buyers

Lucas Shaw / Bloomberg:
How Netflix plans to fight slowing growth, including via an ad-supported tier; Netflix accounts for ~8% of all TV viewership in the US, the most of any network  —  Around noon on Wednesday, March 16, hundreds of Netflix Inc. employees gathered on the second floor of the Anaheim Hilton Hotel expecting to hear good news.

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 …

Alexandra Muller / Bloomberg:
A wave of foreign buyers are planning to acquire fast-growing British tech companies, including Micro Focus, Avast, and Darktrace, thanks to a weakened pound  —  A wave of foreign buyers is coming after British technology companies, threatening to rob the UK market of what little exposure it still has to high-growth assets.

Wall Street Journal:
Sources: as subscriber growth slows, Netflix scours its business to cut costs, including managing cloud spend, limiting corporate swag, and hiring junior staff  —  The streaming giant seeks to impose more financial discipline as growth stagnates  —  As Netflix Inc. NFLX 1.67%▲ …

Sarah Whitten / CNBC:
Netflix Q3: revenue of $7.9B, up 5.9% YoY, net income of $1.4B, down from $1.45B YoY, global paid net additions of 2.4M subs, vs. 1.09M est.; stock up ~11%  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Netflix shares skyrocketed more than 10% after the bell Tuesday …