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GameStop Is Not Hurting After Sony Kills Discs, And There Is A Good Reason Why
Despite Sony's announcement to phase out physical discs for PlayStation games by January 2028, GameStop's stock price has not been negatively impacted. This is because the company's revenue is now primarily driven by collectibles and hardware sales, with software sales constituting a smaller portion of its overall business. The transition to digital distribution is not expected to have an immediate effect on GameStop's financial performance.
PlayStation Disc Death Sends The Internet Into Its Physical Media Defense Arc
Sony has announced it will end production of all PlayStation game discs in 2028, a move that has sparked backlash from physical media advocates. This decision, alongside the closure of PS3 and PS Vita storefronts, highlights the industry's shift towards digital ownership, impacting physical retailers and raising concerns about long-term game access.
GameStop CEO Came Up With Plan To Buy eBay On The Toilet, Wants It To Become Re-Seller Of Digital Gaming Items
GameStop CEO Ryan Cohen has proposed acquiring eBay for $56 billion, outlining a vision that includes creating a marketplace for digital gaming items like skins and weapons. While eBay has rejected the offer, Cohen believes this market has massive potential utility beyond physical collectibles. He also plans to cut costs and expand live commerce if the takeover is successful.
Business and Finance
Tencent is reportedly considering withdrawing from several gaming investments, while GameStop's Ryan Cohen has withdrawn a CEO performance award as the company shifts its focus to eBay. These developments highlight shifts in the business and finance landscape of the gaming industry.
GameStop’s Rewards Program May Be Losing Its Best Feature – Report
GameStop is reportedly making significant changes to its Pro Membership rewards program, including the discontinuation of Pro Points for new members starting July 15 and for current members on August 15. This move, aimed at cutting costs, has led to dissatisfaction among some employees and customers. CEO Ryan Cohen was also mentioned in relation to his unsuccessful attempt to buy eBay.
GameStop (GME) earnings results boast highest Q1 operating income in company history
GameStop reported its Q1 2026 earnings, achieving the highest operating income in the company's history for the first quarter. The financial results indicate a strong performance for the company during this period.
Collectibles revenue was the largest GameStop (GME) Q1 2026 sales segment
GameStop's Q1 2026 sales report indicates that revenue from Collectibles was the largest segment, surpassing Software, Hardware, and Accessories. This highlights the growing importance of collectibles within the company's overall sales strategy.
GameStop (GME) approves $2 billion share buyback program through 2029
GameStop's board of directors has unanimously approved a discretionary share repurchase program. The company plans to buy back up to $2 billion in stock through 2029.
Business and Finance
GameStop has announced its financial results for the first quarter of fiscal year 2026. The company disclosed its performance metrics and business updates for the period.
GameStop Just Posted Its Highest Profit In History, Going Back Decades
Video game retailer GameStop has reported its highest-ever quarterly profit of $389.6 million for its fiscal Q1, a significant increase from $44.8 million in the same period last year. Revenue also rose to $835.3 million, while the company continued to cut costs. CEO Ryan Cohen is reportedly exploring a hostile takeover of eBay, having secured $20 billion in financing.
Halo 3 “1v1 Me Bro” Tournament Announced, Top Prize Is A Legendary Console
GameStop is hosting a "1v1 Me Bro" Halo 3 tournament at its Euless, Texas location on June 6. Participants can challenge Michael "Flamesword" Chaves for a chance to win a rare Xbox 360 Halo 3 edition console. The event is first-come, first-served, and participants must be 18 or older.
AI Yi-Yi!
Anthropic is reportedly filing for an IPO ahead of OpenAI, signaling a race to go public in the artificial intelligence sector. Meanwhile, OpenAI is facing a lawsuit from Florida's Attorney General, who describes the company as a menace. GameStop is also mentioned as another company planning an IPO.
Nintendo pre-order updates – May 31, 2026 – Dragon Quest 11 S for Switch 2, Ratatan, more
Nintendo has provided updates on pre-order availability for various games and amiibo across North America, Canada, and the UK for May 2026. Titles like Dragon Quest 11 S for Switch 2, Ratatan, and Final Fantasy 7 Rebirth are listed with their respective release dates and retailers. The article also includes updates on books and other merchandise related to Nintendo properties.
Wolverine PS5 Pre-Orders Expected to Open Next Week, After State of Play
Pre-orders for Marvel's Wolverine on PlayStation 5 are expected to begin next week, following an appearance at the upcoming State of Play event on June 2nd. Retailer promotions for the highly anticipated Insomniac Games title have already started appearing. The State of Play broadcast will feature significant gameplay footage and is likely to reveal details about Collector's Editions.
The Paradox of Too Many Games: Why Finding Your Next Favorite Is Harder Than Ever - Walkthrough, Tips, Review
The abundance of games available on PC, particularly on platforms like Steam, has created a 'discovery problem' where players struggle to find new titles due to decision paralysis. Current storefront algorithms and discovery tools are insufficient for navigating massive catalogs, leading to a reliance on manual curation and community recommendations. Furthermore, the issue of game preservation is highlighted, with a significant percentage of older games becoming inaccessible through legitimate channels, further complicating discovery for players seeking unique experiences.
GameStop (GME) board of directors asks shareholders to vote in favor of up to 400% share dilution
GameStop's board of directors is requesting shareholders to vote in favor of a significant increase in the company's shares, potentially up to a 400% dilution. This proposal aims to allow for greater flexibility in future corporate actions.
Daily Video Game Deals May 22 – Unknown 9: Awakening, Shin Megami Tensei V: Vengeance, Monster Hunter Stories 3: Twisted Reflection, No Sleep For Kaname Date – From AI: THE SOMNIUM FILES & More
Daily video game deals for May 22nd include discounts on Unknown 9: Awakening, Shin Megami Tensei V: Vengeance, Monster Hunter Stories 3: Twisted Reflection, and No Sleep For Kaname Date – From AI: THE SOMNIUM FILES. These deals are available across PlayStation 5, PlayStation 4, Xbox Series X/S, Xbox One, Nintendo Switch, and PC platforms, with specific offers from retailers like Amazon and GameStop. Additionally, Tomb Raider I-III Remastered and Down in Bermuda are free via the Epic Games Store, and a Warhammer Skulls 2026 Game Bundle is available through Humble Bundle.
GameStop (GME) increases eBay stake to 6.5% despite rejected acquisition proposal
Video game retailer GameStop has increased its stake in eBay to 6.5%. This move comes despite a previously rejected acquisition proposal between the two companies.
Resident Evil Requiem amiibo are selling out fast, but I've gathered the best places to try and catch Leon and…
The Resident Evil Requiem amiibo figures for Leon S Kennedy and Grace Ashcroft, priced at $29.99, have sold out quickly at US retailer GameStop. These figures, set to release on June 30, 2026, unlock exclusive weapon skins in-game and are also available for import from Amazon Japan.
Preorders For Nintendo's New 'Choose Your Game Bundle' Are Now Open
Nintendo has opened preorders for a new $500 Nintendo Switch 2 bundle that includes the console and a digital code for one of three games: Mario Kart World, Donkey Kong Bananza, or Pokemon Pokopia. The bundle, launching June 7, 2026, offers savings of at least $20-$30 compared to purchasing the console and game separately. Preorders are available at Best Buy, GameStop, and Nintendo.
