Netflix says it expects FY 2026 ad revenue of ~$2.7B, under its ~$3B forecast, and its Q4 operating margin will be impacted due to costs associated with layoffs (Todd Spangler/Variety)

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Todd Spangler / Variety:
Netflix says it expects FY 2026 ad revenue of ~$2.7B, under its ~$3B forecast, and its Q4 operating margin will be impacted due to costs associated with layoffs  —  But the streamer faces an urgent need to refresh its queue: Revenue growth in the period slowed to its lowest rate in three years …

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