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GameStop in Trouble from Downloadable Video Games

AmatheAmathe Member LegendaryPosts: 5,073
edited June 5 in General Gaming
https://www.cnn.com/2019/06/05/tech/gamestop-sales/index.html

"New York (CNN Business)GameStop is in the wrong line of the business at the wrong time: It's selling physical video games and consoles in brick-and-mortar stores at a time when people are downloading and streaming games from the internet.

The company's first-quarter sales fell 13%, and GameStop announced Tuesday evening it would no longer pay investors a quarterly dividend. GameStop's (GME) stock fell 29% in premarket trading Wednesday."

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AlBQuirky

Comments

  • AlBQuirkyAlBQuirky Member RarePosts: 5,076
    I wondered how long that would take. I'm sure they're not the only store like that in trouble right now.
    Amathe

    - Al

    Personally the only modern MMORPG trend that annoys me is the idea that MMOs need to be designed in a way to attract people who don't actually like MMOs. Which to me makes about as much sense as someone trying to figure out a way to get vegetarians to eat at their steakhouse.
    - FARGIN_WAR

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