Apple TV becomes the fastest streaming service to achieve 'studio EGOT' status with recent Tony win

Apple TV+ has become the fastest entertainment company ever to achieve "studio EGOT" status, completing the sweep of Emmy, Grammy, Oscar, and Tony awards in just 6.5 years 13 News Now. The final piece fell into place on June 7, 2026, when *Schmigadoon!* won Best Musical at the 79th Annual Tony Awards at Radio City Music Hall.
For comparison, Netflix took roughly 12 years to reach the same milestone, completing its own EGOT in 2025 with a Tony win for *Stranger Things: The First Shadow* KVUE. Apple launched its streaming service in November 2019 — making the achievement all the more striking.
Apple's EGOT journey began quickly. Billy Crudup won the company its first Emmy in September 2020 for *The Morning Show*. *Ted Lasso* then won Outstanding Comedy Series in 2021. In March 2022, *CODA* made Apple the first streamer ever to win the Oscar for Best Picture KREM.
The Grammy came in February 2026. Chris Stapleton won Best Country Solo Performance for "Bad As I Used To Be," a song from Apple's *F1* movie soundtrack. That left only the Tony — and *Schmigadoon!* delivered it four months later with four wins total, including Best Musical, Best Book, and Best Original Score WHAS 11.
The path to the Tony was anything but straightforward. Apple canceled *Schmigadoon!* after two seasons in January 2024, despite a fully written third season. Rather than let the property die, Apple co-produced a Broadway stage adaptation that opened at the Nederlander Theatre in early 2026 KCENTV.
Creator Cinco Paul wrote the book, lyrics, and score for the stage version — making him only the 10th person in history to do all three for a single musical. Producer Lorne Michaels accepted the Best Musical trophy and kept it simple: "Sometimes singing, dancing, jokes and a happy ending are all you need" 13 News Now.
Apple produces far less content than its rivals — roughly 50 to 70 originals per year versus Netflix's thousands of hours. Industry analysts say that smaller slate produces a higher rate of prestige hits KVUE. Apple TV+ viewership grew 36% year-over-year as of December 2025, even as the service still operates at an estimated $1 billion annual loss.
Apple's content budget in 2025 ran between $4.5 billion and $7.5 billion. Executives Zack Van Amburg and Jamie Erlicht called the Tony win "a historic milestone for Apple's creative community" KREM. The studio EGOT now serves as a powerful branding tool as Apple pursues premium live sports rights, including Formula 1 and FIFA deals.
Not everyone is celebrating. Some theater fans argue that streaming giants "buying" their way onto Broadway cheapens the Tony Award's meaning. They say co-producing a stage show just to complete an awards sweep is a corporate shortcut, not a genuine artistic contribution WHAS 11.
Supporters push back, pointing out that Apple's investment saved *Schmigadoon!* from permanent cancellation and brought a new musical to Broadway that audiences loved. The debate signals a broader shift: streaming services are now expected to chase Broadway as part of their long-term awards strategy — and the EGOT "halo effect" makes it worth every dollar KCENTV.
Publishers
5
Articles
4
Reach
5