The Blockbuster-Netflix story you didn’t know
Finshots Daily
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Introduction
Finn's Shorts Daily looks back at how Netflix almost lost to Blockbuster and then won. Reed Hastings had rented out a VHS of Apollo 13, a space movie about an abandoned mission to the moon and he'd forgotten to return it. He knew that many others like him hated paying these fees. So on a car ride with his friend Mark Randolph, they thought what if he built a business on the premise of zero late fees?
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Transcript
