What the Netflix Emmy Wins Mean

Reed Hastings got his wish this week, says Fool contributor Tim Beyers in the following video.

Specifically, Netflix won Creative Arts Emmy awards for casting and cinematography for original series House of Cards. The remaining honors are to be awarded tonight in a prime-time ceremony.

The nods put Netflix in the same company as HBO, which spent years cultivating a reputation for producing quality programming. Today, Time Warner's cable darling dominates the Emmys with a stunning 108 nominations, including 16 for audience favorite Game of Thrones.

Netflix-backed shows enter Sunday night's festivities with a chance to take home 14 statues, including Outstanding Lead Actor and Actress in a Drama Series. House of Cards is also up for Outstanding Drama Series.

What if the show wins? Will Netflix rally on the news? Or is it time to consider shorting, as Foolish colleague Andrew Tonner suggests here? Tim answers these questions and more in the video. Please click to watch now.

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The article What the Netflix Emmy Wins Mean originally appeared on Fool.com.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Netflix and Time Warner at the time of publication. He was also long January 2014 $50 call options on Netflix. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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