GameStop CEO Shifts Focus Away From Physical Video Game Sales

GameStop CEO Ryan Cohen recently shared a significant update regarding the company future. He confirmed that physical video game software now makes up less than 12 percent of the business revenue. This shift shows how much the retailer is moving away from its traditional roots to survive in a digital era.

The company is currently looking into different paths to maintain growth. One major part of this new strategy includes a push into the eBay marketplace. By changing how they sell goods, leadership hopes to stabilize the business model after years of focusing on disc based gaming.

For fans and collectors, this news signals a major change for the brand. As physical media becomes a smaller part of their plan, it is clear that GameStop is aiming to become a different kind of retailer. We will keep watching to see how these changes impact the availability of physical copies in the future.