What Happened: Netflix grabbed a total of 44 awards, including 11 for drama series “The Crown” alone, which was up for a total of 24 nominations. “The Crown” also grabbed the most prominent award at the Emmys in the Outstanding Drama Series.
“The Queen’s Gambit,” which is a Netflix production as well, secured a total of 11 awards.
SVODs Shine: While Netflix outperformed other SVODs, there were breakthroughs for rivals as well who received nominations for multiple works.
AT&T Inc (NYSE: T)-owned HBO and HBO Max grossed a total of 19 awards.
SVODs saw popularity rise substantially amid the pandemic as viewers had to stay entertained from the confines of their homes and were forced to shun visits to theaters.
price Action: Netflix shares closed 0.49% higher at $589.35 on Friday.
See Also: Apple Faces Moment Of Truth With Video Streaming Service As Elongated Free Trials End
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Apple Inc. (NASDAQ:AAPL), Walt Disney Company (The) (NYSE:DIS) – Netflix Grabs The Emmys Crown With 44 Wins, Apple, Disney SVOD Services Shine Too
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