LionsGate Studios To Accept Bitcoin In Partnership With GoCoin   

LionsGate Studios To Accept Bitcoin In Partnership With GoCoin

  May 2, 2015 The adoption of Bitcoin into various real world projects  has led to its usability increasing by the day. With many big names like  NewEgg and TigerDirect jumping on the Bitcoin boat, movie heavy weight  LionsGate studios has announced it too will be jumping in to explore the  possibilities crypto has within the ever thriving film industry.  LionsGate is no new player in the film industry, turning over millions  on a annual basis the movies giant has announced that it will be adding  crypto into the mix with the help of the payments processor GoCoin. 

 The Inside Bitcoins event may have felt like it finished yesterday  but the news which have come out of it have stuck in every  cryptoenthusiast around the world. The news that GoCoin is working on a  service to integrate Bitcoin into Film. LionsGate VP  Peter Wilkes offered a crucial insight into the move being publicised by Go Coin. He stated that : 

“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.”

The Bitcoin markets are ones to be excited as this project could  potentially allow millions of Bitcoin users acces to movies on demand  but could also increase the value of Bitcoin from a investors point of  view. With the added value of LionsGate the Bitcoin has potentially  obtained its killer app. With GoCoin a extremely simple and easy to use  service, LionsGates new service may get much more than it bargained  for.  

“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.”

To conclude, this new partnership will see crypto fans get more value  for their coin. With food and electronics already catered for, its time  your entertainment was sorted too with the help of crypto. Lionsgate is  finally bringing all its hits to crypto and the service is anticipated  to be launched within the year providing a unique way to watch the  movies you love with the crypto you love. With the studio in full swing  pumping out all the movies we love, it may be a matter of time till  crypto users will have the chance off testing these uncharted waters.