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Topic: [2015-05-01] CD: Hollywood Studio Lionsgate Films in Talks to Accept Bitcoin (Read 947 times)

sr. member
Activity: 399
Merit: 250
I wonder if this has anything to do with the fact that Frank Giustra, the founder of Lionsgate, is also a mining industry billionaire? I believe he's fairly libertarian and an advocate for returning to a gold based monetary system.

https://en.wikipedia.org/wiki/Frank_Giustra
legendary
Activity: 1456
Merit: 1010
Ad maiora!
The thing is, they deal in digital property...movies. The blockchain has untapped potential for offering proof of ownership for digital goods. I have been waiting for progress in this area. Also, it could represent billions in transactions.
legendary
Activity: 1568
Merit: 1001
This doesn't do much for me at this point as we're already use to certain places coming on board to accept bitcoin. I won't give a crap unless each one accepting it gives a discount because of the benefits it offers as a payment option. Yet, having bigger outfits like major chain stores and big corporations accepting it is a boost because it drives much news about bitcoin. I'm not spending my coinage for garbage especially if they don't hook me up for it.
legendary
Activity: 2170
Merit: 1427
This shows that there is a wide variety of industries with a certain interest in offering Bitcoin as payment option. Great news.
sr. member
Activity: 252
Merit: 250
sound like good innovation,but in my opinion should not only for the film but also to  live stream sporting events such as soccer, basketball, boxing, etc.
legendary
Activity: 1554
Merit: 1021
I just noticed that it mentions an online store, probably this one: https://www.lionsgateshop.com – looks like you can order their movies on BluRay there.
legendary
Activity: 1596
Merit: 1010
That's what you get if people write things up without trying to get more information, a half-assed story.

Then again, maybe even Lionsgate themselves don't know how they will use it yet....
legendary
Activity: 1512
Merit: 1012
Not sure what they want either, but it's always good one big companies start accepting Bitcoin, I guess..
legendary
Activity: 1554
Merit: 1021
Hollywood Studio Lionsgate Films in Talks to Accept Bitcoin

http://www.coindesk.com/hollywood-studio-lionsgate-films-in-talks-to-accept-bitcoin/

I normally don't post CD articles in here, but I found this one quite interesting. What exactly are they doing with Bitcoin? Can you buy their movies for BTC or something?
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