Netflix’s stock bump aside, Emmy wins don’t have much financial value

The 70th Primetime Emmy Awards had barely finished before complaints about them started to appear: despite the diversity on show in the nominations, it was a depressingly limited slate of winners (on-screen, at least). The hosts seemed bored throughout the whole thing. The ratings were low. The wedding proposal was lame and awkward. As is the case seemingly every year, no one but the winners seemed entirely happy with what had happened, leading to a simple question: What is an Emmy actually worth, anyway?

A day after the ceremony, one answer to that question presented itself when Netflix’s stock rose 4.9 percent after the company took 23 awards throughout the night, putting it on par with HBO as the most successful broadcaster of the…

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