Kazunori Ito
Reporting and statements that mention Kazunori Ito.
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PlayStation is risking a $7.2 billion used games market by ending disc production, analysts say: "Brick and mortar…
Analysts predict that PlayStation's move away from physical discs by 2028 could significantly shrink the $7.2 billion used games market. Experts suggest this shift to digital-only will reduce overall game purchasing opportunities, impacting both new and resale markets, and potentially forcing consumers into digital alternatives without choice.
'Brick and mortar game retail is doomed' — Analysts report $7.2 billion second-hand game market could be in danger thanks to Sony's plan to retire the production of physical discs
Analysts predict the $7.2 billion used game market is in danger due to Sony's plan to end the production of physical discs starting in January 2028. Experts like Michael Pachter believe this will lead to the demise of brick-and-mortar game retail, while others like Kazunori Ito note that the market will shrink and eventually disappear. Sony cites a shift towards digital sales and community preference as reasons for the change.
PlayStation Ending Disc Production is “Extremely Anti-Consumer”, “Truly Ironic”, Say Analysts
Analysts are calling Sony's decision to end PlayStation disc production in January 2028 "extremely anti-consumer" and "truly ironic," predicting it will damage the industry's value and eliminate the $7.2 billion used game market. Despite Sony citing consumer trends, experts like Michael Pachter and Kazunori Ito argue it reduces consumer choice and is a "triumph of corporate convenience over consumer choice."
Nintendo Stock Continues To Dive Following Low Switch 2 Sales Predictions
Nintendo's stock price has fallen nearly 8%, reaching a two-year low, due to investor concerns over pessimistic sales predictions for the Switch 2's second year. The company cited hardware shortages and market pressures, despite exceeding initial sales forecasts for the console's first year. Analysts are questioning Nintendo's confidence in its software pipeline and the console's future momentum, especially with an upcoming price increase.