For the first time ever, Netflix received more Emmy nominations than any other TV network this year. The streaming giant received 112 nods from the Academy of Television Arts & Sciences on Thursday, surpassing the long-time undisputed leader in this category, HBO, by three nominations. The Emmys are awarded annually for excellence in the television industry
. They are the most prestigious prize in television, equivalent to what the Academy Awards (Oscars) are to the film industry.
While critical acclaim is only secondary to Netflix’s shareholders, who tend to focus on financials and subscriber growth, the company acknowledged in the past that its original content is the most important driver of subscriber growth. Critical recognition for its shows will likely help Netflix convert its billion-dollar content investments
into new subscribers.