Netflix just beat out HBO in Emmy nods, snapping HBO's 17-year streak [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Netflix just beat out HBO as the most Emmy-nominated network for the first time. It's the first time HBO lost its hold on the most Emmy nods in 18 years, according to The New York Times . Netflix had a total of 112 nominations to HBO's 108 nominations. Though largely symbolic, the nominations hint at the growing competition in streaming and original content. Streaming giants Netflix, AT&T -owned HBO, Hulu and Amazon have all been upping content spends and pushing original shows. Apple is even prepping a few splashy releases. Netflix has said it plans to spend about $8 billion on content this year. HBO spends about $2 billion . A big haul at the Emmys in September could signal an edge for Netflix. The company has been making inroads into the TV awards circuit but is still struggling a bit with movie festivals . Netflix earned Emmy nods for its wrestling comedy Glow and paranormal drama Stranger Things. HBO got nods for Westworld and Game of Thrones.
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