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5 Surprising Facts About Netflix You Didn’t Know: From Late Fees to Piracy

Netflix is one of the most popular and successful streaming services in the world, with over 200 million subscribers and a library of thousands of movies and shows. But how much do you really know about Netflix? Here are five amazing facts about Netflix that you might not have heard of before. 1. Netflix was inspired by a late fee for a movie rental. The idea for Netflix came to co-founder Reed Hastings after he had to pay a $40 late fee for renting Apollo 13 from a video store. He thought there must be a better way to rent movies without worrying about due dates or late fees. He teamed up with Marc Randolph, a former colleague, and launched Netflix as a DVD-by-mail service in 1998. The service offered unlimited rentals for a flat monthly fee and no late fees. Netflix later introduced its streaming service in 2007 and became the first true streaming service to be available as an app on multiple devices. 2. Netflix once offered to sell itself to Blockbuster for $50 million. In 2000, Net