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Showing posts with label Pulp Fiction. Show all posts
Showing posts with label Pulp Fiction. Show all posts

May 24, 2018

[Ans] Which movie inspired the founding of Netflix? Pulp Fiction Apollo 13 Good Will Hunting Saving Private Ryan

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



.... Netflix is an American entertainment company that provides streaming media, video-on-demand online, and DVD by mail. It was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. Wikipedia Stock price: NFLX (NASDAQ) US$ 349.67 +4.95 (+1.44%) 24 May, 11:28 AM GMT-4 - Disclaimer Did you know: Netflix is the world's 10th-largest internet company by revenue.




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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