[Ans] Which movie inspired the founding of Netflix?

Step 1 : Introduction to the question "Which movie inspired the founding of Netflix?"

...How was Netflix started? A brief history of Netflix – Reed Hastings, pictured, and Marc Rudolph, two software engineers, founded Netflix in 1997 to use the Internet to rent movies on DVD, then a new format. (An old, discredited story claims that Hastings had the idea after Blockbuster charged him a $40 late fee for "Apollo 13.")

 How was Netflix started? When was Netflix first started? Netflix was founded on August 29, 1997, in Scotts Valley, California, by Marc Randolph and Reed Hastings.

Step 2 : Answer to the question "Which movie inspired the founding of Netflix?"

Apollo 13:

After returning Apollo 13 to the video store six weeks late and incurring a $40 late fee, Netflix co-founder and CEO Reed Hastings was inspired to create his own movie rental-by-mail company. Hastings was embarrassed about the fee, and thought there had to be a better way to do movie rentals. Netflix's initial business model included DVD sales and rental by mail but expanded its business with the introduction of streaming media. Hastings is often quoted saying that his decision to start Netflix stems from that $40 late fee he incurred from Blockbuster Video.

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