Golden Globe Nominations: Netflix, Amazon Big Winners, While Network TV Continues To Lose Ground

Netflix, Inc. NFLX and Amazon.com, Inc. AMZN are in a huge battle to be the best-performing American stocks this year. Amazon is up 32 percent in the fourth quarter, while Netflix has climbed 23 percent.

Investors can certainly ignore any naysayers. Amazon, Netflix, along with Hulu were able to land a total of 14 nominations for their productions at this year's 73rd annual Golden Globe awards. This year's Golden Globes nominations have truly proved that streaming services for original content have ascended to be amongst its award-season leaders.

According to PwC's annual five-year forecast for entertainment and media report, there is a downward growth rate for ad spending on television. PwC highlighted in 2014 that advertising would increase 5.5 percent annually over the next five years; PwC now says that rate will slow to just 4 percent annually through 2019.

Streaming video services such as Netflix and Amazon have managed to lure television viewers away from ad-based programming. PwC indicated that home video revenue is growing rapidly within the United States. It's expected to jump nearly 15 percent annually for the next five years to hit $16.5 billion by 2019. PwC director Matthew Lieberman had stated that a portion of this growth is coming at the expense of the TV advertising market.

Both companies have proven that the Internet streams some of the best television.

(discuss the trend seen in this year's Golden Globe nominations that came out this morning -- NFLX led the pack, while NBC had nothing)

Netflix's stock rose nearly 160 percent this year, and Amazon had jumped to 115 percent. Both companies were the only two on the S&P 500 to double in its value.