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Netflix the biggest Golden Globes winner

5 awards and a 6 per cent stock price surge.

Jack Derwin

Digital Journalist, Your Money

Five Golden Globe awards and a booming stock price saw Netflix crowned the biggest winner
Five Golden Globe awards and a booming stock price saw Netflix crowned the biggest winner (iStock.com/sd619)

While Queen biopic Bohemian Rhapsody was awarded best picture, and leading-man Rami Malek crowned best actor for his portrayal of frontman Freddie Mercury, it was Netflix who stole the show at the Golden Globes.

The streaming giant took out a whopping five awards, vindicating its substantial investment in producing original content.

Its comedy The Kominsky Method took out two awards for best comedy television series and best actor in a TV comedy (Michael Douglas), while Roma won best film director (Alfonso Cuarón) and best motion picture in a foreign language.

The Bodyguard, while produced by the BBC, was distributed by Netflix outside of the UK, rounding out its tranche of awards, and giving it more crowns than any other network or streaming service.

That stellar performance saw its stock surge almost 6 per cent on Monday, meaning that the streaming service is up nearly 18 per cent in 2019.

Netflix’s rising stock led a rally on the Nasdaq, closing up 1.26 per cent.

It comes as competition heats up, with Amazon and Apple all readying to ramp up their own content production, while Disney plans to launch its own streaming service.

While that may place increasing pressure on streaming services going forward, there was no doubt as to who the big winner was last night.

As Chuck Lorre, who wrote The Kominsky Method, concluded in his acceptance speech, “Netflix, Netflix, Netflix”.

Plus: Which streaming service is right for you?

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