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Expand chart
Data: Academy of Television Arts & Sciences; Chart: Chris Canipe/Axios

Why it matters: It demonstrates a massive shift in the elite television business from traditional TV companies to digital streaming companies that can pour billions of dollars into content. HBO has lead Emmy nominations for the past 17 years.

The bigger picture: Roughly one third (30%) of all 538 Emmy nominations this year went to tech platforms. Leading the nominations in totals by platform were Netflix (112), Hulu (27) and Amazon Prime Video (22).

Why it's happening: The corporate structure of newer tech companies, as well as the pace of tech innovation, has caused investors to reward companies that can scale and adapt to consumer trends quickly, as opposed to companies that focus on consistently delivering profit.

  • Because of this, streaming companies are able to invest billions of dollars in creating and buying content to lure viewers from traditional networks. Those investments often mean that those companies are accruing of billions of dollars of debt, but it also means they have a greater chance of winning awards.
  • Netflix, for example, is estimated to spend upwards of $10 billion on content annually. Amazon will spend roughly $6 billion on content this year. By contrast, most of the networks, like CBS and NBC, will spend roughly $2 billion.

The big picture: Some of the shows with the most nominations came from the tech platforms, while others came from traditional networks. HBO's Game Of Thrones had the most nominations (22) in all categories, followed by NBC's Saturday Night Live (21) and HBO's Westworld (21).

Go deeper

Updated 34 mins ago - Technology

Mayors see cryptocurrency as a way to address income inequality

Illustration: Sarah Grillo/Axios

At the U.S. Conference of Mayors' meeting in D.C. this week, there's buzz around the idea of giving cryptocurrency accounts to low-income people.

Why it matters: Cities have been experimenting with newfangled ways to address income inequality — like guaranteed income programs — and the latest wave of trials could involve paying benefits or dividends in bitcoin, stablecoin or other digital currencies.

Updated 36 mins ago - Politics & Policy

Omicron dashboard

Illustration: Aïda Amer/Axios

  1. Health: FDA OKs antiviral drug remdesivir for non-hospitalized COVID patients — Walensky: CDC language "pivoting" on "fully vaccinated" — Fauci: "Confident" Omicron cases will peak in February
  2. Vaccines: Team USA 100% vaccinated against COVID ahead of Beijing Olympics — Kids' COVID vaccination rates are particularly low in rural America — Annual COVID vaccine preferable to boosters, says Pfizer CEO.
  3. Politics: Arizona governor sues Biden administration over COVID funds tied to mandates — Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" on anti-mask school policies.
  4. World: Greece imposes vaccine mandate for people 60 and older — Austria approves COVID vaccine mandate for adults — Beijing officials urge COVID-19 "emergency mode" before Winter Olympics.
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Updated 3 hours ago - Sports

Experts predict major boom for North American sports stadiums

Rendering of the $375 million Moody Center on the UT-Austin campus. Photo courtesy of Moody Center

Stadium and arena construction in North America will total a relatively tame $5.8 billion this year, a 12% decrease from 2021.

The big picture: What the industry lacks in construction it expects to make up for in design, with experts predicting a sports venue boom over the next half-decade, SBJ reports.