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Netflix reigns supreme at the Emmys as streamers double down on content at scale

Snacks / Tuesday, September 21, 2021
_Netflix takes home the crown [roman makhmutov/Moment via GettyImages]_
_Netflix takes home the crown [roman makhmutov/Moment via GettyImages]_

A Royal Flush… Netflix has taken its obsession with royal titles into the real world, bringing home the most gold at Sunday’s Emmy awards. For the first time, streaming services won the most coveted categories, like Best Drama and Best Limited Series.

  • Netflix won a whopping 44 Emmys for its original shows including “The Crown" and “Queen’s Gambit,” tying a record last set by CBS more than 40 years ago.
  • AppleTV+ became the first streamer to win Best Comedy for “Ted Lasso.” It was only the Fruit’s second-ever Emmy appearance.
  • Disney+ received 71 nods but only got the primetime gold for “Hamilton.”
  • HBO & HBO Max snagged 19 wins, including four for crime series “Mare of Easttown,” starring Kate Winslet.

Virtual rewind… Netflix first made its mark in 2007 when it ditched DVDs for digital play buttons. In 2013, its show "House of Cards" became the first online-only TV series to nab a primetime Emmy, setting the stage for other streamers. Fast-forward:

  • In 2019, Disney+ and AppleTV+ made their streaming debuts with originals like “The Mandalorian" and “The Morning Show.” Last year, HBO Max debuted with 10K hours of shows.
  • This year, director Steven Spielberg, who once tried to boot Netflix from the Oscars, inked a multi-year production deal with the Flix this summer.

(Original) Content is King… and streamers are serving it like royal scones. Streamers have prioritized original content as a way to dominate a field once ruled by Hollywood OGs. This year, the Flix will spend $17B on original content, up from $11.8B last year. Meanwhile, Amazon’s total content spend hit $11B last year. Netflix also plans to make 90 original films per year –3X more than Lionsgate’s most productive year. Beyond scale, Netflix has data on your viewing habits, plus a smart recommendation engine to keep you clicking “next."

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