Netflix Flops at the Emmys
On the surface, it looks as if Netflix (NASDAQ: NFLX) had a decent night at the 71st Primetime Emmy Awards Sunday night. The leading streamer came away with 27 trophies, second only to AT&T's (NYSE: T) HBO, which brought home 34 awards.
It was a step down for Netflix after it tied HBO for the most wins a year ago at 23 apiece.
However, that wasn't the real disappointment for the video disruptor. Once again, Netflix failed to grab one of the event's two marquee awards, best drama and best comedy. Netflix has never won either award despite throwing billions at original programming since 2012.
Source Fool.com