- says CEO Paul Raines:
“Disc-based games will be around forever,” he says. “The market has seen physical music sales down 50% from its peak and physical movie sales down 60% from its peak, but even in a doomsday scenario, disc-based games will be around for a long time. I see a complimentary business where we sell discs plus download like the current console mode. Virtual reality games will also likely follow this model.”
- Digital sales accounted for $948 million of GameStop’s $9.3 billion in revenue in 2014
- GameStop owned an estimated 42% share of the downloadable games market last year
- GameStop continues to benefit from both the sale of pre-owned games, which saw a 5% constant currency rise in the second quarter
http://fortune.com/2015/09/29/gamestop-ceo-paul-raines/
Do you hope he is right? Or can't you wait for gaming to go all digital?
Nintendo is selling their IPs to Microsoft and this is true because:
http://gamrconnect.vgchartz.com/thread.php?id=221391&page=1
