Which movie inspired the founding of netflix?
Question: Which movie inspired the founding of netflix?
The movie most often cited as inspiring the founding of Netflix is Apollo 13.
In 1997, Netflix co-founder Reed Hastings incurred a late fee of $40 for renting the movie Apollo 13 from Blockbuster. This experience, coupled with the rise of the internet and ecommerce, led Hastings to believe there was a better way to rent movies. He envisioned a service that would allow customers to order movies online and receive them by mail, eliminating the need for late fees and inconvenient trips to the video store.
This vision eventually led to the creation of Netflix, which revolutionized the movie rental industry. Although other factors certainly contributed to its success, the story about Apollo 13 has become a popular anecdote about how a seemingly trivial inconvenience can spark a successful business idea.
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