The Canadian-American film production studio Lionsgate Films is working to integrate Bitcoin as a payment option on their online stores through a partnership with the digital currency payments processor GoCoin.
GoCoin’s CEO and co-founder Steve Beauregard announced the development during the recently concluded Inside Bitcoins NYC event.
Interested readers can view the complete presentation here.
Lionsgate Films, famous worldwide for The Hunger Games franchise and Divergent, confirmed that the Hollywood studio is indeed working to allow Bitcoin enthusiasts to watch movies through digital currency payments.
Lionsgate Senior Vice President Peter Wilkes said, “We continue to explore innovative new technologies for connecting with next generation consumers, and we’re intrigued by the possibilities offered by Bitcoins in our media space.”
Impact on the Bitcoin Ecosystem
During a conversation with Bitcoin blog, Follow the Coin, Steve gave his insight regarding the potential impact of the partnership on the Bitcoin ecosystem. He commented that, “It’s just gonna be another great place where people go, purchase content ….. it’s the first major film studio, being in Los Angeles, obviously, that is an advantage for us. But we are going after the big studios to help onboard them and make more places where people can spend their Bitcoin.”
About GoCoin
The digital currency payments processor was founded in 2013 and facilitates transactions in Bitcoin, Litecoin, Dogecoin and Tether. GoCoin nullifies the high volatility risk in cryptocurrencies, eliminates cost frauds associated with credit cards, and there are no chargebacks!
About Lionsgate Films
The popular Hollywood studio is set to release its next movie, The Age of Adaline very soon.
Hoping that the integration process is completed by the next release, would you be willing to spend your Bitcoin on movies? Let us know through your comments below!
GoCoin’s CEO and co-founder Steve Beauregard announced the development during the recently concluded Inside Bitcoins NYC event. Interested readers can view the complete presentation here .
Lionsgate Films, famous worldwide for The Hunger Games franchise and Divergent, confirmed that the Hollywood studio is indeed working […]
