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GameStop CEO Says Games Are "Irrelevant" To Company
Insider Gaming • • technology
Key Points:
- GameStop CEO Ryan Cohen stated that the decline of physical game sales does not impact the company significantly, as software now accounts for less than 12% of their business.
- Cohen highlighted that collectibles make up over half of GameStop's revenue, indicating a shift in the company's focus away from traditional game sales.
- Despite eBay rejecting GameStop's acquisition bid, Cohen remains committed to pursuing the purchase and expressed frustration with media negativity toward the company.
- Cohen dismissed concerns about the future of physical games, emphasizing that software sales are no longer central to GameStop's business strategy.
