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Netflix just beat out HBO in Emmy nods, snapping HBO's 17-year streak

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Sara Salinas | @saracsalinas 2 months ago
Netflix just beat out HBO in Emmy nods, snapping HBO's 17-year streak

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 with 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."

Disclosure: CNBC parent company NBCUniversal is an investor in Hulu.

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