MovieTickets CEO: Bitcoin Has Boosted Sales and Visibility
For MovieTickets CEO Joel Cohen, expanding his online movie ticketing company's payment options has been a recent top priority. Since 2000, MovieTickets has been one of the largest online movie ticketing websites in the US, representing an estimated 240 theater chains. MovieTickets earns revenue by sharing service fee proceeds with theater chains in exchange for managing an e-commerce process that includes accepting major credit cards as its individual theater partners allow. However, consumers have begun to demand more alternatives such as Visa Checkout and MasterPass. With this in mind,....
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MovieTickets is one of the largest online movie ticketing websites in the US, representing an estimated 240 theater chains. According to its CEO Joel Cohen, accepting bitcoin payments for ticket purchases has increased sales and visibility for the company. The company earns revenue by sharing service fee proceeds with theater chains in exchange for managing an e-commerce process for their ticket sales. Payment options includes accepting major credit cards as its individual theater partners allow, but the demand for bitcoin payments has increased in the past year. Bitcoin Payments for....
The highly anticipated comedy “Dope” will be the world’s first movie to accept bitcoin for its ticket sales through a partnership between Movietickets.com — which supports over 900 cinemas in the U.S. The integration of GoCoin’s payment gateway will enable users to purchase movie tickets with bitcoin at almost one sixth of the nation’s cinemas. The integration of bitcoin on Movietickets.com is “an integral part of the movie Dope,” which presents bitcoin as a new world currency and an alternative to cash. “I just read that money as we know it is dead. Soon the world is only going to buy and....
MovieTickets.com, one of the largest movie ticket purchasing platforms in the US, now enables movie-goers to buy movie tickets with bitcoin at 985 theaters. The move was made possible through an integration with bitcoin payment processor GoCoin. As a result, theater chains that use the credit card processing services offered by MovieTickets.com will be able to accept bitcoin for any film offered. GoCoin CEO Steve Beauregard indicated that this includes Regal Cinemas, the nation's largest theater chain with more than 500 locations. Holdouts notably include AMC Theaters, which itself boasts....
The Bitcoin St Petersburg Bowl may have given bitcoin a visibility boost on primetime TV, but according to local merchants who participated in its promotion, this attention didn't always translate into an increase in local sales or customer interest. As part of our Bitcoin Bowl coverage, CoinDesk surveyed more than 20 St Petersburg merchants about their experience supporting the event, though more were approached for comment. BitPay had said that more than 100 businesses in total signed up to accept bitcoin for the big game. The poll sought information about the total sales recorded by....
Cathie Wood's asset manager significantly boosted its stake in the Grayscale Bitcoin Investment Trust.