Culture
Netflix Emmy nominations

The streamer’s scooping plaudits, while adding subscribers

7/19/24 10:49AM

You are still watching

Netflix further cemented its place atop the streaming throne yesterday, adding more than 8 million net subscribers in Q2 — nearly twice as many as Wall Street had estimated. In markets where it’s available, a healthy chunk of those additions (45%) came from its $6.99 ad-supported tier: a sign that people are increasingly opting to save pennies rather than avoid ads.

As the creators of many of the original shows and movies on Netflix know, commercial and critical success can be hard to come by, but the streamer itself seems to be doing pretty well on both fronts. Indeed, Thursday’s report, where the company also exceeded top and bottom line expectations, capped off a great couple days for Netflix, after hit shows like The Crown, Baby Reindeer, and Ripley saw it pick up 107 Emmy nods on Wednesday, the most for any single streamer or network this year.

Challengers

Not far behind, however — and largely on the back of critical darlings Shōgun (25 noms in the drama category) and The Bear Season 2 (23 noms, still semi-inexplicably, in the comedy category) — was FX, which managed to edge out perennial Emmy-bagger HBO/Max, with 93 nods for the former and 91 for the latter. That’s a record for the Disney-owned network, trouncing its previous tally of 56 back in 2016… though it wasn’t affiliated with Hulu, the streaming platform where The Bear lives exclusively in the US, back then.

Of course, topping the nominations chart doesn’t always translate to major success at the ceremony itself: Netflix still holds the record for most nominations in a single year with a whopping 160 nods at the 2020 Emmys. It only ended up taking home 21 awards that year.

More Culture

See all Culture
Cartoon of family of five

The gap between America’s notion of the ideal family size and the actual reality is getting wider

Americans think somewhere around three kids is ideal. The fertility rate has some serious catching up to do.

Tom Jones9/10/25
US Powerball jackpot climbs to $1.7 Billion

Your upcoming Powerball loss is DraftKings’ gain

As the Powerball jackpot has stretched to $1.8 billion, users are flooding into DraftKings’ Jackpocket lottery app.

culture

Paramount and Microsoft’s Activision agree to partner on a “Call of Duty” movie

Less than a month after forming, Paramount Skydance has landed another major piece of intellectual property. The studio said it’s signed a deal with Microsoft’s Activision to create a live-action “Call of Duty” film.

The competitive shooter is one of the most popular gaming franchises in the world and has been the US’s bestselling series for the past 16 years. The next title in the 22-year-old franchise, “Black Ops 7,” will debut in November.

Paramount, which closed its merger with Skydance in August, has had a summer of big deals. It acquired UFC broadcast rights in a $7.7 billion deal with TKO last month, following a $1.5 billion deal for “South Park” rights in July. The company also lured “Stranger Things” creators away from Netflix last month for a four-year film and TV development deal.

The competitive shooter is one of the most popular gaming franchises in the world and has been the US’s bestselling series for the past 16 years. The next title in the 22-year-old franchise, “Black Ops 7,” will debut in November.

Paramount, which closed its merger with Skydance in August, has had a summer of big deals. It acquired UFC broadcast rights in a $7.7 billion deal with TKO last month, following a $1.5 billion deal for “South Park” rights in July. The company also lured “Stranger Things” creators away from Netflix last month for a four-year film and TV development deal.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.