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Obliterator
cousin investments
(02-28-2017, 07:53 PM)
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GameStop’s stock price has dropped nearly 8 percent today following Xbox boss Phil Spencer revealing the Xbox Game Pass service. This is a program where Xbox One owners can pay $10 per month to have unlimited access to over 100 Xbox One and backward-compatible Xbox 360 games. Of course, these are all digital games that you download from Microsoft’s Xbox Game Store, and it’s likely that investors are seeing this as a major threat to GameStop.

And an instant library on a console like Xbox One could potentially eat into GameStop’s sales. The brick-and-mortar retailer makes quite a lot of its money from secondhand sales where it resells products that consumers have traded in.


Not surprising. A good chunk of GameStop's business comes from selling older pre-owned titles that don't exist much on the market in terms of new copies. If these sort of programs begin catching on it could be pretty bad news for them.

More at the link

http://venturebeat.com/2017/02/28/ga...aming-service/
sixteen-bit
Member
(02-28-2017, 07:54 PM)
To be expected, honestly.
ironcreed
Banned
(02-28-2017, 07:54 PM)
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Gamestop is the walking dead. So is Gamefly.
LordKano
Banned
(02-28-2017, 07:54 PM)
Even when Microsoft announces stuff they're still killing other things smh.
frontovik
Member
(02-28-2017, 07:55 PM)
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Just go quietly into the night, Gamestop. Your reign of greed is over.
Art Vandilay
Member
(02-28-2017, 07:55 PM)
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Originally Posted by ironcreed

Gamestop is the walking dead. So is Gamefly.

I was about to say this. GameFly should be taking a hit as well.
RoKKeR
Member
(02-28-2017, 07:55 PM)
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Quoting from other thread:

Originally Posted by Outrun

Circle of death.

Lashley
Why does he wear the mask!?
(02-28-2017, 07:56 PM)
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They're on their way out.

Good, imo,.
Dee Dah Dave
Member
(02-28-2017, 07:56 PM)
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Good, I despise these vampires.
Ganrob
Junior Member
(02-28-2017, 07:57 PM)
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I already see GameStops as Blockbusters.
icespide
Banned
(02-28-2017, 07:57 PM)
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circle of life
Obliterator
cousin investments
(02-28-2017, 07:57 PM)
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To be honest this is pretty much exactly what MS wants. They've been wanting to cut out retail / the middle man for a while now. Its a big part of what was going on with the original Xbox One reveal.

Remember all those interviews / articles that GameStop was doing prior to the Xbox One's reveal saying people wouldn't buy a console that doesn't play used games? Its pretty clear there's been a movement within MS to bring forward the all digital age as quickly as possible.

Frankly, Xbox / MS likely see this as a win
Chanser
Member
(02-28-2017, 07:57 PM)
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And so many store jobs will be lost?
Tom Nook
(02-28-2017, 07:57 PM)
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Ouch.

Bye Game stop.
aGuyInaBearSuit
Member
(02-28-2017, 07:58 PM)
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Originally Posted by ironcreed

Gamestop is the walking dead. So is Gamefly.

I was excited about this fact.

Then data caps became a thing.
Ouroboros
Member
(02-28-2017, 07:58 PM)
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Games as a service is one step closer.


I'm still going 100% physical outside of Steam.
ScriptedReality
Member
(02-28-2017, 07:58 PM)
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Damn. Thats a hit to the ribs.
Fisty
Member
(02-28-2017, 07:58 PM)
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Gamestop to become Hot Topic for Nerds comfirmed. Good thing they got in on that pop-culture-garbage-toys game
DizzyCaffeine
Member
(02-28-2017, 07:59 PM)
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Originally Posted by ironcreed

Gamestop is the walking dead. So is Gamefly.

Gamefly is great for brand new games.
OldRoutes
Member
(02-28-2017, 07:59 PM)
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Like I said in the original thread, I haven't bought a single Xbox One game from a retailer, except the bundled ones... It's way more convenient to do it online, and with GwG and now the Xbox Game Pass, that's even more reason to go Digital only, in my world.
PeakPointMatrix
Member
(02-28-2017, 08:00 PM)
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Sony should be the one sweating. A service like that sounds awesome. And no PSNow doesn't count, not at those prices at streaming only.
RipperGrim
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(02-28-2017, 08:00 PM)
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The service has the potential to kill second hand gaming all together so I can see why people are jumping ship.
Obliterator
cousin investments
(02-28-2017, 08:01 PM)
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Originally Posted by PeakPointMatrix

Sony should be the one sweating. A service like that sounds awesome. And no PSNow doesn't count, not at those prices at streaming only.

I don't know about sweating, but I do hope this pushes them to offer something similar. I plan on subscribing to the Xbox Game Pass when I pick up a Scorpio later this year, and if Sony offered something similar on the PS4 I would jump in on that as well.

Its a pretty sweet idea / concept.
ironcreed
Banned
(02-28-2017, 08:01 PM)
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Originally Posted by DizzyCaffeine

Gamefly is great for brand new games.

Yeah, if you are lucky enough to get them shipped out to you. I found it to be a dice roll and cancelled.
Toki767
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(02-28-2017, 08:01 PM)
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Originally Posted by PeakPointMatrix

Sony should be the one sweating. A service like that sounds awesome. And no PSNow doesn't count, not at those prices at streaming only.

It would be a lot easier for Sony to offer a comparable service than it would be for GameStop to find a way to combat it.
kiguel182
Member
(02-28-2017, 08:02 PM)
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I wonder how long it will take to disappear. With digital sales increasing on consoles plus stuff like this is a matter of time. If more people had decent internet it would probably be faster.
moltonasty
Member
(02-28-2017, 08:02 PM)
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Good, can't wait to see GS go bankrupt.

I'll never forgive them for destroying Funcoland. RIP Funcoland still miss ya
Kill3r7
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(02-28-2017, 08:03 PM)
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Originally Posted by PeakPointMatrix

Sony should be the one sweating. A service like that sounds awesome. And no PSNow doesn't count, not at those prices at streaming only.

Both Sony and Nintendo will get there two. PSNow is basically there. They just need to allow downloads and change the price structure.
shandy706
Member
(02-28-2017, 08:03 PM)
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That reminds me...

(goes to check AMD stock)

...ok still good there. Haha
vpance
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(02-28-2017, 08:03 PM)
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Gamestop should stop selling Xbone hardware and software in retaliation.
Vashetti
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(02-28-2017, 08:03 PM)
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Originally Posted by icespide

circle of life

Nice.
Fisty
Member
(02-28-2017, 08:04 PM)
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Originally Posted by PeakPointMatrix

Sony should be the one sweating. A service like that sounds awesome. And no PSNow doesn't count, not at those prices at streaming only.

Lol yup, they sure were scared when they turned down EA Access
2blackcats
Member
(02-28-2017, 08:04 PM)
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Originally Posted by Toki767

It would be a lot easier for Sony to offer a comparable service than it would be for GameStop to find a way to combat it.

I don't think Sony will go this direction.

It will piss off publishers.
The End
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(02-28-2017, 08:05 PM)
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Originally Posted by aGuyInaBearSuit

I was excited about this fact.

Then data caps became a thing.

Thanks Trump
Kill3r7
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(02-28-2017, 08:05 PM)
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Originally Posted by 2blackcats

I don't think Sony will go this direction.

It will piss off publishers.

How?
vinnygambini
Why are strippers at the U.N. bad when they're great at strip clubs???
(02-28-2017, 08:05 PM)
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It certainly spells bad news for Gamestop longterm (hence their diversification through AT&T stores and Thinkgeek), but there will always be a marketplace for physical games sold in stores and that's where Gamestop excels - it's going to be hard work, but they'll make it through.

I could see their used games segment halved though as the subscription model takes more place in the marketplace, so they would need to capture that lost revenue through other sources of revenue - they've already started with game publishing, but they would need more than just that.
Kthulhu
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(02-28-2017, 08:06 PM)
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I'm surprised that MS didn't wait till E3 to announce this TBH.

As scummy as GameStop can be, I do hope a better outlet(s) can take it's place. I have no intention of going digital on console, and I don't trust Amazon to fulfill preorders on limited goods.
Vitacat
Member
(02-28-2017, 08:06 PM)
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Wow, that xbox game pass is pretty impressive.

If this becomes a big thing, it could really hurt Gamestop's used game business. And that's basically their bread and butter.
RipperGrim
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(02-28-2017, 08:07 PM)
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Originally Posted by Kthulhu

I'm surprised that MS didn't wait till E3 to announce this TBH.

As scummy as GameStop can be, I do hope a better outlet(s) can take it's place. I have no intention of going digital on console, and I don't trust Amazon to fulfill preorders on limited goods.

Yea would have gone down well at E3
2blackcats
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(02-28-2017, 08:07 PM)
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Originally Posted by Kill3r7

How?

It will affect game sales.

Same reason they didn't want EA access.
xDUMPWEEDx
Banned
(02-28-2017, 08:07 PM)
Can't say I feel bad for GameStop.
Diprosalic
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(02-28-2017, 08:07 PM)
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Originally Posted by Lashley

They're on their way out.

Good, imo,.

i don't really see what's good about it.
matrixman92
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(02-28-2017, 08:07 PM)
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Originally Posted by DizzyCaffeine

Gamefly is great for brand new games.

they sent me the same game cracked in half twice and wouldnt refund me or even give me additional time on my subscription, they are terrible. At least with redbox when I get a piece of paper instead of a disc they refund me and gave me a code for a free rental.

I should add that gameflys sales they have to purchase games are exceptional tho
Last edited by matrixman92; 02-28-2017 at 08:10 PM.
frogger
Member
(02-28-2017, 08:08 PM)
The one store I won't miss.
LegalEagleMike
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(02-28-2017, 08:08 PM)
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Originally Posted by vpance

Gamestop should stop selling Xbone hardware and software in retaliation.

That should please their stockholders...
Gestault
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(02-28-2017, 08:08 PM)
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Originally Posted by 2blackcats

I don't think Sony will go this direction.

It will piss off publishers.

Publishers are getting their cut, which is the point of the service from the business side. It's also ongoing income on titles without a strong first-round retail presence.

Sony should consider changes to PSNow to get more in line with this. Theoretically, it's less overhead for them, as well.

Originally Posted by vpance

Gamestop should stop selling Xbone hardware and software in retaliation.

Gamestop isn't in a position to leverage much of anything like that without damaging themselves even more.
Biske
Member
(02-28-2017, 08:08 PM)
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Maybe gamestop should focus on not providing a shit tier experience


Physical and used games have a place and market in life, but they make it a nightmare consistently.
oti
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(02-28-2017, 08:09 PM)
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Originally Posted by Lashley

They're on their way out.

Good, imo,.

You want video games to lose their biggest retail presence? Why?
timlot
Banned
(02-28-2017, 08:09 PM)

Originally Posted by Toki767

It would be a lot easier for Sony to offer a comparable service than it would be for GameStop to find a way to combat it.

My guess is Sony is still trying to recoup the $380+ million investment they made in purchasing Gaikai and the undisclosed amount they payed for Onlive. Switching to a service like this would be basically writing off their whole game streaming initiative.
Kthulhu
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(02-28-2017, 08:09 PM)
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Originally Posted by RipperGrim

Yea would have gone down well at E3

Sarcasm? Why wouldn't it have?

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