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.

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.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Productivity

You Can't Beat Procrastination With Time Management or Productivity Hacks. Here's What Actually Works.

Procrastination isn't about time — it's about emotion. Here's how to work with your brain to navigate emotions and overcome procrastination.

Living

Optimize Your Budget With a $50 Sam's Club Membership and $35 in Rewards

Whether you run a shop or a startup, Sam's Club helps you spend less to do more.