*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)
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
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"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
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The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release.
According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
