American cinemas network AMC will start accepting bitcoins to pay for tickets – Bits Media

American cinema operator AMC Entertainment, manager of almost a thousand cinemas, plans to add support for payments in bitcoins to pay for tickets by the end of the year.

Chairman of the Board of Directors and CEO of AM Entertainment Adam Aron (Adam Aron) told, that it will be possible to pay for tickets with bitcoins when buying online by the end 2021 of the year. According to him, there is a noticeable and growing demand on the part of clients for support of cryptocurrencies.

Although the position of the company has improved significantly compared to the second quarter 2020 of the year, she remains unprofitable. Based on the results for the second quarter of this year, the company's income was $444 million, and the net loss fell to $349 mln.

For the same period last year, the company received income in the amount of $18.9 million, and the losses were $561 million. Despite this, AMC plans to open more than a dozen new cinemas in the US, Europe and the Middle East.

Also in 2018 the year, support for payments in bitcoin was added by the largest cinema chain in Thailand Major Cineplex. You can pay with cryptocurrency not only for tickets, but also popcorn, as well as other goods and services.