Amazon, Netflix Crash the Golden Globes Party Two companies that grew out of new technology for delivering stuff just proved they can make it just as well as the Hollywood establishment.

By Geoffrey Smith

This story originally appeared on Fortune Magazine

Amazon.com and Netflix Inc. both underscored their coming-of-age as providers of original content, with high-profile wins at the annual Golden Globes ceremony Sunday.

Amazon's "Transparent", a comedy-drama series about a transgender father, won the award for the Best TV Series – Musical or Comedy, the first time the e-commerce giant's in-house studio had competed and won against the big guns of Hollywood since its creation in 2010.

Jeffrey Tambor, who plays the series' main character Morton (later Maura) Pfefferman, also won a Globe for best performance in a TV comedy series.

Meanwhile, Netflix also chipped away at the dominance of the Hollywood establishment as Kevin Spacey walked away with the award for best performance in a TV drama for his role as the scheming Francis Underwood in the political series "House of Cards'.

The Golden Globes traditionally are a good foretaste of how the Academy Awards pan out. If the form of recent years repeats itself, then the Oscars too could be in for a shock this year. The award for best film was taken by Richard Linklater's "Boyhood', produced by the relatively low-profile IFC films, an offshoot of New York-based AMC Networks Inc.

Meanwhile, the best foreign film award went to Andrey Zvagintsev's "Leviathan', a movie that is scathingly critical about the state of contemporary Russia. Somewhat surprisingly for western critics, the film was backed by the Russian Ministry of Culture.

News Editor for Europe at Fortune.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

AI Is Going to 'Replace Everybody' in Several Fields, According to the 'Godfather of AI.' Here's Who He Says Should Be 'Terrified.'

Geoffrey Hinton, called the "Godfather of AI" due to his pioneering work on AI, says some fields face a heavier risk of replacement due to automation.

Leadership

Consumers and Employees Still Want Diversity — Here's How Businesses Can Get It Right

For companies, the current backlash against DEI programs is an opportunity to refocus by addressing their flaws.

Business News

Amazon CEO Tells Employees AI Will Replace Their Jobs 'In the Next Few Years'

Amazon CEO Andy Jassy says that the e-commerce giant is already using AI to improve internal operations.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Innovation

How to Identify the Patent-Worthy Innovations in Your Business

Here's how to know which innovations are truly worth protecting — before putting time and money into filings that may never pay off.