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Sega Won’t Ditch Physical Media, But Says Digital Expansion Is Vital
Sega president Shuji Utsumi stated that while digital expansion is vital for global reach, the company remains committed to producing physical media. He acknowledged the industry's shift towards digital distribution for 'full games' on consoles and PCs, but emphasized valuing the culture of physical releases and aiming to balance both formats. This stance contrasts with Ubisoft CEO Yves Guillemot's view that the end of PlayStation disc production won't significantly disturb the industry.
Analyst Says Sony Killing Physical PS5 Games “Dooms” Brick-And-Mortar Stores
Analyst Michael Pachter believes Sony's decision to discontinue physical PlayStation 5 game releases in January 2028 will be the "death knell" for brick-and-mortar game retailers. While the move may save Sony money, Pachter argues it is anti-consumer and ignores the significant role the used game market plays for consumers and retailers like GameStop, whose business is increasingly reliant on collectibles and hardware.
Two PlayStation Games Sold Over 10,000 Physical Copies in the Week Ending on July 11th – Analyst
Analyst Mat Piscatella noted that only two PlayStation games sold over 10,000 physical copies in the week ending July 11th, with only seven exceeding 100,000 for the year. Despite fan backlash, retailers like GameStop are not opposing Sony's decision to end PlayStation disc production in January 2028, citing a natural shift towards digital media preferences.
Physical Games Are “Irrelevant” To GameStop’s Business, Says CEO
GameStop CEO Ryan Cohen stated that physical games are irrelevant to the company's business, with software now making up less than 12% of revenue while collectibles and hardware comprise the majority. He expressed indifference to PlayStation's potential shift away from physical discs, emphasizing the company's focus on other revenue streams like collectibles and his ambition to acquire eBay.
GameStop CEO says Sony's axing of physical games 'doesn't matter at all' in a statement sure to…
GameStop CEO Ryan Cohen stated that Sony's decision to end physical game production for PlayStation titles from 2028 is 'totally irrelevant' to the company. He noted that physical and digital games only account for 18% of GameStop's revenue, with collectibles making up the majority of their business. This stance comes amidst consumer backlash over the move away from physical media and concerns about digital ownership.
Labor unions challenge Xbox, GameStop CEO says physical game sales are 'irrelevant,' and Glen Schofield retires - Patch Notes #61
Labor unions have filed unfair labor practice charges against Microsoft for allegedly mishandling recent Xbox layoffs, citing "coercive actions" and "unilateral changes." Meanwhile, Dead Space co-creator Glen Schofield has retired from game development, and GameStop CEO Ryan Cohen stated that physical game sales are "irrelevant" to the company's business.
Rumour: Zelda Ocarina of Time remake pre-orders could begin 4th August
A rumor suggests that pre-orders for the remake of The Legend of Zelda: Ocarina of Time may begin on August 4th. This information was reportedly found on a cached GameStop listing.
Business and Finance
GameStop CEO Daniel P. Moorer stated that physical video game sales are irrelevant to the company's business strategy. This statement highlights a shift in focus for the retailer amidst evolving market trends.
GameStop CEO Says Physical Games Media “is Totally, Totally Irrelevant”
GameStop CEO Ryan Cohen stated that physical game media is "totally, totally irrelevant" to the company's business model, shifting focus to trading card games. This comes as Sony Interactive Entertainment plans to end PlayStation disc production in January 2028, a move analysts believe is permanent despite backlash. Experts suggest Sony will not reverse the decision due to the profitability of digital sales.
Physical games don't matter, says GameStop CEO: "It is totally, totally irrelevant"
GameStop CEO Ryan Cohen stated that physical game discs are irrelevant to the company's business, even as Sony plans to cease production of physical PlayStation discs by 2028. Cohen emphasized that both physical and digital game sales now constitute only 18% of GameStop's revenue, with the collectables business being the primary revenue driver.
You Can Now Order Games And Consoles From GameStop With Uber Eats
GameStop has partnered with Uber Eats, allowing customers to order games, consoles, and collectibles through the delivery app. This collaboration expands Uber Eats' retail offerings, which already include stores like Best Buy and Target. The article also touches on GameStop CEO Ryan Cohen's ongoing pursuit of acquiring eBay and the potential impact of Sony phasing out physical game discs on GameStop's business model.
Get your hands on a new Super Mario 40th anniversary pin set with retailer offer
GameStop is offering a Super Mario 40th anniversary pin set to customers who spend $100 on Mario games in-store. The pin set features designs from various Mario titles, including Super Mario Galaxy and Super Mario 3D World + Bowser's Fury. Best Buy previously offered a similar collectible case for the anniversary.
Nintendo Switch 2’s official camera gets massive discount, at lowest price ever
GameStop is offering a significant discount on the official Nintendo Switch 2 camera, reducing its price to $10, an 80% markdown from its usual $55. The camera supports video chat in GameChat, interactive avatars, and is compatible with titles like Super Mario Party Jamboree. It features a wide-angle lens, a privacy shutter, and can be connected via USB-C.
Who needs scalpers when GameStop is marking up Pokémon cards by more than 300 percent?
GameStop is reportedly marking up Pokémon trading cards by over 300 percent, significantly increasing prices for consumers. This practice raises questions about fair pricing in the collectible card market.
Business and Finance
Senator Bernie Sanders has expressed concern over recent layoffs within the gaming industry, particularly those affecting Xbox. Meanwhile, GameStop stockholders approved proposals at their annual meeting, including increased share authorization, as the video game industry faces ongoing challenges.
4th of July sales have Prime Day beat across PS5, Xbox, PC, and Nintendo Switch
Retailers like Best Buy, Amazon, and Woot are offering significant discounts on games and hardware for PlayStation 5, Nintendo Switch, Xbox Series X, and PC during their 4th of July sales events. Many of these deals surpass the discounts seen during Amazon's recent Prime Day, with Best Buy noted for having the widest selection of gaming deals.
Why Is Sony Killing Discs? It’s “All About Profitability And Control,” Expert Says
Sony will discontinue support for PlayStation game discs in January 2028, citing the increasing share of digital game sales. Analyst Rhys Elliott suggests this move prioritizes profitability and control for Sony by eliminating the second-hand market and encouraging full-price digital purchases. While potentially detrimental to consumers and retailers, the shift could benefit developers by allowing for later submission of final game builds.
US: Splatoon Raiders demo pops up in stores
Nintendo is distributing demos of its upcoming game, Splatoon Raiders, to major North American retailers like GameStop and Target. This initiative aims to generate consumer interest in the new title by allowing shoppers to try it out in stores.
Physical media retailers respond to PlayStation's discontinuation of disc-based games
Sony has announced its decision to cease production of physical disc-based games for PlayStation consoles starting in January 2028. This move has drawn disappointment from physical media retailers like GameFly, Fangamer, and iam8bit, who emphasize the importance of physical media for ownership, preservation, and consumer choice. While GameStop and Limited Run Games have not yet commented, Sony cites shifting consumer trends for its decision, which may also suggest cost-cutting measures for future hardware.
'We are not going to sit idly by': video game retailers react to Sony's PlayStation disc axeing…
Video game retailers are expressing strong opposition to Sony's decision to cease production of physical PlayStation game discs in 2028. Retailers like Game, Loot Box Gaming, and VGP Video Game Plus have voiced concerns about the impact on their businesses and the broader implications for game ownership and consumer choice, advocating for the coexistence of physical and digital formats.
