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Photo by Neilson Barnard/FilmMagic

Netflix tied HBO in Emmy wins for the first time ever Monday night, putting an end to HBO's 17 year-long winning streak.

Why it matters: It marks the first time in Emmy history that a streaming company has joined a traditional broadcaster in taking home the most awards. And it's the first time any tech company has done so at a major U.S. awards show.

The backdrop: The tie comes amid a bitter rivalry between HBO and Netflix for entertainment dominance.

  • AT&T CEO and Chairman Randall Stephenson recently compared HBO, which it acquired as part of its deal with Time Warner in June, to the "Tiffany's" of entertainment, while he sad Netflix like "Walmart."
  • Netflix is estimated to spend upwards of $10 billion on content annually, while HBO, like most traditional TV networks, will spend $3 billion to $4 billion. Stephenson has suggested that AT&T wants to invest more in HBO to better compete with Netflix.

Amazon also had some big victories Monday night.

  • Amazon won swept comedy awards with its series "The Marvelous Mrs. Maisel,” winning five awards for the show.
  • Both Hulu and Amazon have now a best series award for "The Handmaid’s Tale" and "The Marvelous Mrs. Maisel," respectively, while Netflix has yet to win in the biggest category.

The bigger picture: The milestone represents a huge shift in power within the television business from legacy TV companies to digital streaming companies that can pour billions of dollars into content.

Go deeper

Right wing builds its own echo chamber

Expand chart
Data: Apptopia; Table: Axios Visuals

Conservatives are aggressively building their own apps, phones, cryptocurrencies and publishing houses in an attempt to circumvent what they see as an increasingly liberal internet and media ecosystem.

Why it matters: Many of these efforts couldn't exist without the backing of major corporate figures and billionaires who are eager to push back against things like "censorship" and "cancel culture."

Updated 3 hours ago - World

Myanmar's deposed leader Aung San Suu Kyi sentenced to 4 years in prison

An anti-coup protest in Yangon, Myanmar.Photo: Hkun Lat/Getty Images

A Myanmar court sentenced the country's ousted leader, Aung San Suu Kyi, on Monday to four years in prison on charges of "inciting public unrest" and breaking COVID-19 protocols, per the New York Times.

Why it matters: It's the first of several verdicts that could result in the 76-year-old Nobel laureate being imprisoned for the rest of her life. The 11 charges she faces have been widely criticised as politically motivated.

6 hours ago - World

Pope Francis denounces European governments' migrant response

Pope Francis adresses refugees at the Reception and Identification Centre (RIC) in Mytilene on the island of Lesbos on Sunday. Photo: Louisa Gouliamaki/Pool/AFP via Getty Images

Pope Francis criticized European countries' response to migrants and asylum seekers during his visit to a refugee camp on the Greek island of Lesbos Sunday.

Why it matters: The pope said "migration is a humanitarian crisis that concerns everyone," but little had changed in the global response to displaced peoples since his first visit to Lesbos five years ago, per a transcript of his remarks. "Human lives, real people, are at stake. ... let us stop this shipwreck of civilization!"