Story · Ryan Cohen
GameStop CEO Says Sony's Disc-Less Move 'Irrelevant' as Collectibles Drive Growth Amid eBay Bid
GameStop CEO Ryan Cohen stated that Sony's plan to halt physical game disc production by 2028 is 'totally irrelevant' to the company, as software now accounts for less than 12% of revenue while collectibles make up over half. The comments came during a Bloomberg interview focused on GameStop's controversial $56 billion unsolicited bid to acquire eBay, which eBay's board rejected as 'neither credible nor attractive.' GameStop's FY2025 financial data shows software revenue dropped 27% to $729.3 million (20.1% of total), while collectibles surged 47% to $1.06 billion (29.2%). Hardware and accessories remain the largest category at $1.84 billion (50.7%). Cohen plans to take the eBay offer directly to shareholders.
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