*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)
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Career opportunity platform Guild raised $175 million in a Series F round led by Wellington Management. Global media icon Oprah Winfrey also participated in the round, which comes just months after Guild was named one of Time's most influential companies. Guild partners with employers to help them offer education opportunities to their employees. Customers include some of the biggest companies in the world, including Walmart, Pepsi, and Disney. The startup's funding comes amid a historically tight labor market, with demand for workers remaining strong across the country. Rachel Romer Carlson, Co-Founder and CEO of Guild, joins Cheddar News' Closing Bell to discuss.
Day two of celebrations for Queen Elizabeth II's Platinum Jubilee are underway on Friday in the United Kingdom, as the country continues to honor the monarch's 70 years on the throne. While most of the attention is on the Queen, brands around the world are also hoping to use the cultural moment to get the attention of consumers with limited-edition Jubilee-themed products. The Centre for Retail Research estimated consumers will spend the equivalent of $510 million on Jubilee-related expenses throughout the celebration this weekend. Hilary Fordwich, global business analyst and British royals commentator, joins Cheddar News' Closing Bell to discuss.
Lagoona Bloo, a New York City-based drag queen, joined Cheddar News to talk about Pride Month and her music (that’s TOTALLY giving Britney vibes by the way). "Something that drag queens don’t really do is sing," Bloo said. “I wanted to create music that I loved as a kid." The artist also touched on the serious matter of the spate of anti-LGBTQ laws being enacted across the nation.
