*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)
A survey by the BMO Real Financial Progress Index found that 25 percent of Americans are pulling back on retirement contributions to offset the cost of inflation. This comes as market volatility reduced retirement savings with the S&P 500 shedding more than 12 percent this year alone.
Catching you up on entertainment headlines with Johnny Depp winning more damages in his defamation lawsuit against Amber Heard, Jada Pinkett Smith addressing the infamous Oscars slap that her husband Will Smith laid on Chris Rock, Queen Elizabeth II celebrating her platinum jubilee on the throne, and more.
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Next-generation gaming ecosystem Joystick recently raised $8 million in a seed round and is in the process of raising a $110 million Series A funding round. Gaming ecosystems are a relatively new type of platform in the Web3 space, allowing users to maximize their play-to-earn gaming opportunities, exchange crypto-currencies, and sell their digital assets. Joystick says its platform is flipping the current model on its head by giving players the opportunity to keep 100% of the revenue they earn. Robin Defay, co-founder and CEO of Joystick, and Michael Le, co-founder of Joystick and TikTok content creator, join Cheddar News' Closing Bell to discuss.
The dating app Bumble has sponsored bills and pushed lawmakers to criminalize the online practice of sending unsolicited nudes or “cyberflashing." Payton Iheme, Bumble's head of public policy for the Americas, joined Cheddar News to discuss why the app was going after the harassing behavior beyond its own platform. "Now, while we went to work internally in the company, and we created something called private detector to automatically blur those images so the user can decide if they want to see them, there's nothing for the rest of the internet," she said. "And so that's why we went to work with these laws."
'Top Gun: Maverick' making an estimated $156 million domestically for its four-day opening weekend. Daniel Loria, SVP of Content Strategy and Editorial Director at Boxoffice Pro, joins Cheddar News to weigh in on the long-awaited sequel and the summer box office.