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.
Tune in for more great ideas
Americans reportedly spend nearly 34 hours a week watching television! With TV viewing taking up almost as much time as the average work week, the potential for profits in the space is enormous. The Motley Fool's top experts have created a new free report titled "Will Netflix Own the Future of Television?" The report not only outlines where the future of television is heading, but offers top ideas for how to profit. To get your free report, just click here!
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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.