*By Max Godnick*
The Emmy Awards have officially entered the streaming era.
Netflix received 112 nominations ー the most of any network or streaming platform ー when nominations for the [70th annual Primetime Emmy Awards](https://variety.com/2018/tv/news/emmys-nominations-list-2018-1202871084/) were announced Thursday morning.
The achievement breaks HBO's 17-year streak and marks a significant milestone for the entertainment industry. The AT&T-owned cable giant came in second with 108 nods, just four behind Netflix. While the gap between the two networks is small, the symbolism is anything but.
"I think it speaks to a sea change that's been happening in television for a long time and this is confirming that," said Jen Chaney, a TV critic at Vulture, in an interview with Cheddar on Thursday.
It wasn't all bad news for HBO. "Game of Thrones" received more recognition than any other show with 22 nominations. The fantasy drama will return to the ceremony this year after missing the window of eligibility in 2017. Chaney described it as a "juggernaut show" that's able to compete across multiple creative and technical categories. While Netflix is missing its own series capable of drawing as much individual praise, the sheer quantity of shows Netflix produces makes it the network to beat.
"Because there are so many Netflix shows, they can really kind of flood the zone in a way that HBO cannot," Chaney said.
Netflix said it well spend more than $8 billion on content in 2018 and plans on having close to 700 original series by the end of the year. Hulu, Amazon, and NBC each boast contenders in "The Handmaid's Tale," "The Marvelous Mrs. Maisel," and "This Is Us," but no network comes close to matching Ted Sarandos and his team's unprecedented production volume.
"There are so many Netflix shows that it seems inevitable that it's going to end up being the dominant network," Chaney said. "Probably from here forward."
Michael Che and Colin Jost of "Saturday Night Live" will host the 70th annual Emmy Awards, Sept. 17 on NBC.
For the full segment, [click here.](https://cheddar.com/videos/netflix-ends-hbos-historic-emmys-streak)
Spotify has announced its official Songs of the Summer predictions. Lea Palmieri, a Spotify trend expert and podcast host, joined Cheddar News to break down the acts who made the cut and how. “It's a mix of streaming data charts and also our global curation team," she said. "They're keeping an eye on all of the hottest music." While Harry Styles has recently topped the Spotify charts, Palmieri also addressed the "Feral Girl Summer" trend, which she described as going "moderately wild, having fun, enjoying yourself."
Catching you up on today's top entertainment stories with a recap from the 75th Annual Tony Awards, including red carpet interviews and Jennifer Hudson receiving her EGOT, and "Jurassic World: Dominion" topping the box office.
The Tony Awards made its sensational return to Radio City Music Hal for the first time since 2019. 'A Strange Loop' stole the show, winning Best Musical while Adrianna Debose hosted in the most spectacular way possible. Cheddar News was joined by Broadway Reporter Leigh Scheps to break down the 75th Annual Tony Awards.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
Auction house Christie's will be presenting "Legacy of the GOAT," which will include a rare Michael Jordan signed rookie card and sneakers. Caitlin Donovan, the vice president of Christie's handbags and accessories department. joined Cheddar News to discuss the special memorabilia selection for the NBA great. "He's been a global phenomenon, so he's really shaped '90s culture and streetwear culture," she said. "And we see bidders from every pocket in the world."
Kona Brewing Co., pro surfer Anna Gudauskus, and surf photographer Sarah Lee are embarking on an 1,500+ mile beach cleanup down the East Coast. Gudauskus and Lee join Cheddar News to discuss the initiative.
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
