Netflix, Disney Lead The SVOD Pack In Dominating At Golden Globes 2021

Netflix Inc. NFLX and Walt Disney Co. DIS took home most of the 78th Golden Globe awards on Sunday night, highlighting the dominance of subscription video-on-demand or SVOD platforms during a year that was impacted by the coronavirus pandemic.

What Happened: Combined, the two studios won 15 of the awards presented by the Hollywood Foreign Press Association or HFPA in a show hosted by Tina Fey and Amy Poehler.

See also: How to Buy Netflix Stock

Netflix won 10 Golden Globe awards out of its 42 nominations. The streaming service dominated in television, winning awards for the best television series in the drama category for “The Crown”, and best miniseries or television film for “The Queens Gambit”. “The Crown” won four of its six nominations.

Disney won a total of five awards. “Nomadland” won the award for the best dramatic motion picture, while its director Chloe Zhao became only the second woman to take home the Golden Globe for the best director.

Among other streaming service providers, Inc. AMZN Prime Video won two awards. “Borat Subsequent Moviefilm” won the Golden Globe for the best motion picture – musical or comedy, and Sacha Baron Cohen won the best actor award for his performance in the film.

See Also: Apple Has 'No Excuse' To Be Trailing In SVOD Space, Netflix Co-Founder Says While Praising Disney

Apple Inc.’s AAPL Apple TV+ won its first Golden Globe award, with “Ted Lasso” star Jason Sudeikis winning the award for the best actor in a television series -musical or comedy.

Why It Matters: SVODs, including Netflix and Disney Plus, have emerged as big winners amid the pandemic. The closure of theaters and people being forced to stay at home due to coronavirus-induced lockdowns resulted in huge demand for online streaming services. Both Netflix and Disney Plus now boast of having millions of subscribers globally.

Price Movement: Netflix closed 1.4% lower on Friday at $538.85, while Disney closed 1% lower at $189.04. On the same day, Amazon shares closed 1.2% higher at $3,092.93 and Apple shares closed 0.2% higher at $121.26.

Read Next: Apple Not Acquiring Netflix The 'Biggest Strategic Mistake' Jobs, Cook Made In Last Decade, Says Analyst

Posted In: Golden GlobesStreaming Video On DemandSVODNewsEventsTech

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.