Netflix, Fox Won The Most Golden Globe Nominations

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Netflix and Fox picked up the most Golden Globe nominations in the world of movies and television. These are the awards meant for both the silver and small screens and streaming. 21st Century Fox’s division won the the most nominations, indicating that when the award show airs in January, it could take home the most awards.

Netflix wins its first-ever nod in a film category

Fox’s movie division earned nominations in a dozen categories, including Best Motion Picture Drama for The Relevant. In the Comedy category, Joy, Spy’and The Martian won nominations. Hit shows such as Empire, Fargo and American Horror Story: Hotel helped Television Studios FX and Fox Broadcasting win nine more nominations.

Of late, Netflix has been boosting its original content to answer critics, which has helped it pocket the coveted nominations. In totality, the streaming service giant earned nine Global Globe nominations, among which one was in a film category — the first time for Netflix. Idris Elba in Netflix’s Beasts of No Nation earned a nomination for Best Actor in a Supporting Role.

Other nominations for Netflix were, as usual, for its television shows. Narcos earned a nomination for Best Television Series in the Drama category, while Orange is the New Black won a nomination for the same in the Comedy category.

Streaming services doing reasonably well

Along with Netflix, this year’s Golden Globe awards can be seen as a big opportunity for streaming services in general. Amazon’s Instant Video earned five nominations. Its original shows Transparent and Mozart in the Jungle won nominations for Best Musical or Comedy Series. One original series from Hulu – Casual – also earned a nomination for Best Musical or Comedy Series. This was the first-ever nomination for Hulu.

Award shows hold lot of importance for major studios which see them as opportunities for attracting even greater audiences. For streaming firms such as Netflix, Amazon and Hulu, which have been continuously seeing success in earning award nominations, this is further proof that they have the capability to compete with traditional studios and television networks.

On Thursday, Netflix shares closed down 1.04% at $122.91. Year to date, the stock is up by almost 152%, while in the last one month, it is up by over 9%. The stock has a 52-week high of $133.27 and a 52-week low of $45.08.

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