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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,137+1.5%Nov 11 3:59 PM EST

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From: Zen Dollar Round7/12/2018 1:40:42 PM
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Glenn Petersen

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Netflix just beat out HBO in Emmy nods, snapping HBO's 17-year streak
  • Streaming giants Netflix, HBO, Hulu and Amazon have all been upping content spends and pushing original shows.
  • Netflix earned Emmy nods for its wrestling comedy "Glow" and paranormal drama "Stranger Things."
  • Though largely a symbolic title, it hints at the growing competition in streaming and original content.
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.

More at: cnbc.com
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