It’s Emmy nominations day again—yes, just six months after January’s awards telecast. The 2023 ceremony was postponed to 2024 due to the overlapping actors’ and writers’ strikes that brought Hollywood to a standstill throughout the summer and fall. But it’s the new slate of Emmy nominees that reflects last year’s atypically scant TV output, which is also a result of the ongoing contraction of the streaming industry, driven by the financial sector’s impatience to see its enormous investments in the original-content arms race finally turn a profit.

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