There are a million takes on the94th Academy Awards. The vast majority at this point likely are about Will Smith and Chris Rock, which is a shame on so many levels. It overshadowed the win ofSummer of SoulandQuestlove’s moving speech. It darkened the light sparked byAriana DeBose’s moving opening speechfor herWest Side Storywin. (It did not, however, take theshine off of Yuh-Jung Youn, or the kindness of Lady Gaga.)

But it did take away, at least a little, fromCODA‘s win for Best Picture, which actually is what we’re here to talk about.CODAwas a great movie, a different movie, and a seminal moment for Apple TV+. It’s the service’s first Oscar for Best Picture, the first Best Picture win for any streaming service.

And so it is tempting to say something like: “With the win, Apple has, in the span of a couple quick years, achieved the stature of non-Hollywood houses like HBO.”

That’s true. But it doesn’t change the fact that Apple TV+ is not — nor will it ever be — HBO.

It’s rumored that Apple spent more than $10 million to marketCODA, which is an acronym for “Children of Deaf Adults,” for the Academy Awards. That’s not uncommon, actually. There’san entire industry devoted to Oscar lobbyingpublicly and privately for a film to win an award. Everyone does it, even if they don’t have anywhere near the amount of cash that Apple has laying around.

That’s the obvious part. But you also have to consider lineage. HBO was born nearly 50 years ago. Long before the personal computer, never mind the internet, cellular networks and smartphones. HBO is a premium channel that from the outset required two subscriptions — first to a cable company, which itself was just really gaining traction in the 1980s in much of America, and then to HBO itself.

Apple TV+, like Netflix and Amazon Prime Video, were built on the foundations paved by HBO decades ago.

You got what you paid for back then, which was movies and series and sports and comedy, without advertising — all in a time that didn’t have a dozen different movie channels living alongside traditional broadcast channels, which maybe showed a half-dozen flicks a week, at best. And HBO wasn’t bound by the same puritanical standards as broadcast or even cable TV back then. Hell, you didn’t even have to have a subscription to HBO to get a glimpse of the utopia that was R-rated movies, or scandalous series likeReal Sex. Who among us over 40 years old hasn’t wasted a few hours squinting at scrambled video, in hopes of seeing a single unblurred body part, if only for a second.

And all of that is before you remember that HBO is where you found the best stand-up comedy back in the 1980s and ’90s, long before Netflix or Amazon. It was where you watched Wimbledon, of all things. (The first thing broadcast on HBO, interestingly enough, was an NHL game.) It’s where you watched things that simply weren’t available anywhere else.

So, yes, it truly is amazing that Apple TV+ managed a Best Picture Oscar on top of all the other accolades. (And, by the way, being a “streamer” isn’t one of them. Apple TV+ encodes and decodes video the same way as everyone else. It’s just a matter of where it’s available. And in 2022, you’re either available everywhere, or nowhere.) This isn’t a knock of Apple TV+ at all. I pay for it. I’ve enjoyed a surprising number of shows and movies, fromTed Lassoon. (Severanceis excellent.)

But Apple TV+ was built on the ground that HBO paved for so many decades before it. Same goes for Netflix and Amazon and any others in the new generation. It’s just that the field has been leveled, so to speak. HBO breached the barrier to entry all those years ago, and those barriers simply don’t exist today, at least not in the same ways.

And those of us on the other side of the screen get to benefit from it.