Business & Finance
GameStop CEO Says Physical Video-Game Sales Are ‘Irrelevant’ to Business
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GameStop CEO Says Physical Video-Game Sales Are ‘Irrelevant’ to Business GameStop Corp. Chief Executive Officer Ryan Cohen dismissed concerns about the demise of physical discs for video games, insisting that those sales make up a small part of the company’s overall business and reiterating that his long-term strategy is to focus on gaming collectables and purchasing e-commerce giant eBay Inc. “It doesn’t matter at all,” Cohen said In an interview on Bloomberg TV when asked about how his...
GameStop CEO Says Physical Video-Game Sales Are ‘Irrelevant’ to Business
GameStop Corp. Chief Executive Officer Ryan Cohen dismissed concerns about the demise of physical discs for video games, insisting that those sales make up a small part of the company’s overall business and reiterating that his long-term strategy is to focus on gaming collectables and purchasing e-commerce giant eBay Inc.
“It doesn’t matter at all,” Cohen said In an interview on Bloomberg TV when asked about how his business will be impacted by Sony Group Corp.’s announcement earlier this month that it will end physical production for new games released on PlayStation in 2028. “It is totally, totally irrelevant.”