Preston Wong's Blog

Netflix’s model as a rent-at-home DVD service is the prime example of a disruptive innovator. Its DVD-by-mail model devastated the video rental business and pioneered the push of an industry juggernaut, Blockbuster, into bankruptcy. Therefore I found myself agreeing to a lot of the points made in Stella Cho’s entry regarding Netflix as a disruptive innovator. By paying a monthly fee of $7.99, the consumer has access to a catalog that consists of thousands of television shows and movies. Netflix is a disruptive innovator to video rental businesses and a…read more

Television money continues to slither into sports as the National Basketball Association recently signed a new television broadcasting deal upwards of $22.5 billion. Walt Disney Co’s ESPN and Time Warner Inc’s Turner Broadcasting System both renew their broadcasting agreement with the NBA, starting with the 2016-2017 season. This nine year deal will be more than double either annual payments to the NBA. This agreement emphasizes the significance of sports in the television industry. Even with the uprising of live streaming, recordings on DVRs, and streaming services like Netflix, this deal…read more

The Silicon Valley tech. giant Hewlett-Packard has struggled the past decade. HP has been overshadowed by Apple Inc’s $596-billion and Microsoft Corp’s $380-billion market values compared to HP’s miniscule $66-billion. The world’s top PC maker by shipments has already been taken over by Lenovo, an aggressive Chinese PC maker. HP has failed to adapt to the new era of mobile and online computing, therefore the company has decided to split into two separate companies. The technology pioneer plans to separate its computer and printer businesses from its corporate hardware and…read more