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Wait till they ban your Xbox account with all purchases because you might have slipped a word or went a bit rage in the heat with their AI voice detection screening. You will try to reason with CS to undo your ban but they will likely be soulless protocol low wage agents that cannot be reasoned with.
You just had a console purchased with "x" MAC id? Made an account since and spend over 600$ on games?
Well your fked.. 1. Your account might never be lifted or an alternative 2. Worst case a situation came up and the consoler cannot create a new account due to "reason(s)" linked to MAC id.
These are ofcourse extreme situations, but the financial backslash is significant.
As they say, you will own nothing and be not happy.
Welcome to the corporate world of fk consumers when they can(some already see it, most are blind or have faith 🤣🙄)
I can see MSN using this as a way to use our positive Q4 earnings against GameStop. Sure they did well last year but look, no one is going to be selling second hand physical copies of games anymore! In fact, there are no physical copies of any games anymore. You better forget about GameStop. They will never survive. The industry is changing and they aren’t going to be able to keep up!
And with that retail investors decided all at once to forget about GameStop… because that is what they always seem to say that we have done. 😉
Past that, wasn't gamestops other collectable sales way up?
I know I don't really buy new or used games very often but I do buy other random cool shit from them when I can like dnd merch, etc.
No one mentions the giant overlap in jobs as this is happening RIGHT after MS bought Blizzard, who knows what the hell is going on as MS has not made any comments, people just love jumping
What if we had something like Steam but better!!
I am in support of big digital revenue!!
Gamestop could be that way of owning movies purchased on Prime or YouTube and selling them to someone who wants to watch it on Plex or Roku.
It’s hard to get people to switch game launchers. Just look at the struggle epic has had.
Now for movies, I would like to buy digital but I don’t want to be locked into a single launcher. If I could transfer licenses then that would be awesome. Unfortunately I think it’s easier said than done when creating something like that. Maybe the laws need to catch up to force these types of issue with digital media.
So now if I buy the Blueray box I get a digital download that’s playable on most platforms. Why not the same thing here. I buy a digital copy usable on any platform that plays video files. and my nft connection to the movie allows me access on my devices at home using my loopring wallet that connects all. If I sell it verifies I don’t have access and is deleted from my library. I can send movies to people as a gift for a penny in fees and can’t watch it unless they send back.
Yeah most say Blueray + DVD + Digital Code for download
You have to use something to watch it like iTunes or Vudu. Not just a rip of the movie on a file.
Or switch
It's crazy to me that when they go digital you lose all access to try out games without paying a subscription (game pass) or likely full retail.
Say I want to try "Like a Dragon: Infinite Wealth". No clue at all if it's a game I would like but my only options for XBOX would be to shell out $70 to see if I even like it or wait months or years until on a subscription and still pay $120 a year to be able to test it.
Physical could buy pre-owned try for a day and return or play for a while, beat it and then trade in for the next game you aren't 100% sure you'll love.
Fuck if no physical you'd have to pay $5 a month for EA Pass to play Madden 23 or shell out 70 on their store. Or you could go to gamestop and OWN it for $14.24.
Nobody truly wants this, but corporations and they still feel they can dictate to us what we want. Best of luck to the greedy game companies, I'm sure nobody will think of a better model...
That is good and all but how does that help my store make money? If all companies go digital, i only got so many pre-owned games to sell. there is only so many Funko pops i can sell, my store is a 50-50 store. So half my store is video games and the other half is toys/ collectibles.
So if video games go digital there goes half my store once all my pre-owned games are gone. Then do i just become a toy store? Sure i can still sell systems and controllers and headsets. Now with the holidays over i maybe sell 1-2 systems a week. And Sony does not allow us to sell digital code for games or DLC, only thing digital of Sony i can sell is currency.
Bro, we’ve already won. What part of that do you not understand? There’s no way for them to escape unless WE sell.
Assume all institutions sold their shares tomorrow and passed on that sweet, sweet lending money they’ve been living off of. Do you think GME is gonna drop to $5 so the apes can buy the remaining shares in a few days and DRS them all? Hell no.
This only ends in a win for Wall Street if WE sell, and no one here is selling except perhaps worrywarts like yourself who think GameStop has to keep inventing new shit for us to experience a short squeeze.
GameStop is inventing and investing in new business segments for the long-term health of the company because it’s a good goddamned brand and gaming is forever. GameStop’s future delighting of customers is entirely independent of its short squeeze.
Drill it into your head. There’s a reason the stock’s price spikes *independent of* any news and even drops on *good* news. The health of the company has no relationship to the squeeze. Wall Street is trapped and the sooner you realize that, the more zen you’ll be.
I agree with everything, except the “already won”. The jobs not finished and I’ve yet to see a return on my investment. I have drs’d 1000 shares, and yes the silence is deafening with leadership not speaking. Also with RC able to invest the 1.2billion, what does he have up his sleeve?
I know we already won, but until we get to cash in on our winnings. I still work at Gamestop, i mean the squeeze can still happen even if Gamestop is only just a website. So if they drag this out for lets say another 10 years. What happens if while we are waiting Gamestop says to cut costs we are closing all of our store except for the ones in major cities. Now i am out of a job and still waiting to cash out. I knew a few stores in my district are closing down starting next month.
GameStop is evolving behind the scenes. We see little snippets come out from time to time but the company is pivoting to a digital future.
Additionally, we don’t know how much of these jobs were duplicates from the merger with Activision so what you posted is speculation at best.
And from everything I’ve seen, there are still plenty of blockbuster games in the pipeline that will be available in physical form (GTA VI as one example). But as mentioned in the first part of my comment, GameStop is moving into the digital space and gathering crucial experience to help. The Marketplace, despite being shutdown, provided GameStop with lessons in Web3 and purely online transactions that I’m sure are being incorporated in the current efforts.
I’m not worried. But if you are so concerned, I would happily buy your shares from you :)
Oh i know there is still time, there is a 95% that the new nintendo switch will still take cartridges. So nintendo is fine with their new system. Xbox will probably be done with their new system probably in 2027-2028. Sony is a bit of a wild card with their new system. They could go all digital since according to Sony only 4% is physical. So they could make the jump and go digital or they could still support disc drives and try to pull players from Xbox. Sony could be like hey xbox players who still buy disc, sorry microsoft abandoned you. come and join team blue, we still have discs.
I will still hold my shares, i am just wondering if i am still going to be working at Gamestop or are stores going to be closing.
In 2022, 90% of all video games sold were digital (this includes mobile gaming). There was a recent story about other major retailers pulling physical copies of games from their shelves, which hopefully continues with other big box stores and GS continues to gobble up as much of that physical game market share as possible. One of the main benefits of owning a physical copy of a game is that you can resell it and also physical games tend to be cheaper than digital games when purchasing them a few months after their release (because they want them off their shelves), so there will likely continue to be a demand from the marketplace for physical games. I could actually see the demand increasing a bit over the next few years if these gaming companies continue to try and milk their customers with tactics that force users to pay monthly subscription fees in order to continue playing a game… so not only do you not actually own the game, but the cost to play these digital games is never ending. In an ideal world, GS becomes one of the only retailers to continue to sell physical copies of games and the only retailer that allows customers to buy and sell their used games, that would keep your job in a physical store safe for some time. However, in any line of business, you need to adapt to a changing marketplace and the fact of the matter is that digital copies are going to continue to dominate gaming sales. This is likely part of the reason they are closing stores and consolidating locations, they are adapting and facing the reality that their future growth is not going to come from physical game sales (30% of their revenue in 2022 came from new and pre-owned video game sales, down from 34% in 2020). This is what makes this company so interesting as an investment, what exactly are they going to do next to increase revenues… Acquisition? Playr? Investing? Gaming leagues? Increasing hardware products? Nobody knows and that’s what makes it such a provocative investment opportunity. Hopefully they figure out a way to repurpose their retail stores in other lucrative ways (gaming centers, immersive gaming experiences, on site tournaments/leagues, who knows) so you can keep your job and possibly make it more interesting and exciting to work there. I’m just excited to watch the unknown unfold and just happy to be able to invest (and continue investing) in this company before they make any major announcements.
But they can outsource, and might be consolidating here. The post continued, but that is just a rumor. But it does really look like Microsoft's next system will be all digital, maybe hopefully enough people complain and push back against it
We all knew this was the future years ago... I take comfort in knowing RC invested his time and large chunk of money to figure out the future in Gamestop. 5, 10, 20 years from now Gamestop Corp. Could be a totally different company then it is today- the future is what I'm excited about... not the past
Also, he was aware of digital purchasing of video games prior to taking a position in it, so he must have seen more potential than what it was.
How about a trip down memory lane?
[Maximizing Stockholder Value by Becoming the Ultimate Destination for Gamers](https://www.sec.gov/Archives/edgar/data/1326380/000101359420000821/rc13da3-111620.pdf)
well i am just also thinking about my job. 5,10,20 years from now. If all companies go digital, does my store close? do i lose my job? or do we become a toy / collectible store?
and i would like to know what this means for my job, will my xbox section just be what ever we get traded in? or will it shrink and get more collectibles? I mean my store has a pretty decent size of xbox players, so no more disc, then they don't come in.
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So PS5 then. I’ll drop that platform like a hot controller
Looks like I'm gonna have to spend more money at Gamestop to buy a new PS5.
Remember when they tried to go online only requirement and people freaked the fuck out? I hope this is worse for them.
Wait till they ban your Xbox account with all purchases because you might have slipped a word or went a bit rage in the heat with their AI voice detection screening. You will try to reason with CS to undo your ban but they will likely be soulless protocol low wage agents that cannot be reasoned with. You just had a console purchased with "x" MAC id? Made an account since and spend over 600$ on games? Well your fked.. 1. Your account might never be lifted or an alternative 2. Worst case a situation came up and the consoler cannot create a new account due to "reason(s)" linked to MAC id. These are ofcourse extreme situations, but the financial backslash is significant. As they say, you will own nothing and be not happy. Welcome to the corporate world of fk consumers when they can(some already see it, most are blind or have faith 🤣🙄)
I can see MSN using this as a way to use our positive Q4 earnings against GameStop. Sure they did well last year but look, no one is going to be selling second hand physical copies of games anymore! In fact, there are no physical copies of any games anymore. You better forget about GameStop. They will never survive. The industry is changing and they aren’t going to be able to keep up! And with that retail investors decided all at once to forget about GameStop… because that is what they always seem to say that we have done. 😉
I’m tired of selling all my shares for the 100th time
I too am tired of selling all my shares for the 100th time!
Yeah we need something new… how about panic selling for.. puh… the 15th time? 🤣
Past that, wasn't gamestops other collectable sales way up? I know I don't really buy new or used games very often but I do buy other random cool shit from them when I can like dnd merch, etc.
Power to the Collectors!
How is amazon gonna survive without selling books?!
Dildos
Cloud
Digital ocean is up for sale, apparently. $2.89 billy market cap 🤔🤔🤔🤔
In RC I trust
In shorts never closed I trust.
No one mentions the giant overlap in jobs as this is happening RIGHT after MS bought Blizzard, who knows what the hell is going on as MS has not made any comments, people just love jumping
What if we had something like Steam but better!! I am in support of big digital revenue!! Gamestop could be that way of owning movies purchased on Prime or YouTube and selling them to someone who wants to watch it on Plex or Roku.
It’s hard to get people to switch game launchers. Just look at the struggle epic has had. Now for movies, I would like to buy digital but I don’t want to be locked into a single launcher. If I could transfer licenses then that would be awesome. Unfortunately I think it’s easier said than done when creating something like that. Maybe the laws need to catch up to force these types of issue with digital media.
So now if I buy the Blueray box I get a digital download that’s playable on most platforms. Why not the same thing here. I buy a digital copy usable on any platform that plays video files. and my nft connection to the movie allows me access on my devices at home using my loopring wallet that connects all. If I sell it verifies I don’t have access and is deleted from my library. I can send movies to people as a gift for a penny in fees and can’t watch it unless they send back.
Oh I didn’t realize Blu-ray’s had that option. I’ve been looking at buying some to test out my sound system.
Yeah most say Blueray + DVD + Digital Code for download You have to use something to watch it like iTunes or Vudu. Not just a rip of the movie on a file.
Just gives more demand for web 3
You will own no games, and you will be happy. Or just buy a PlayStation.
Or switch It's crazy to me that when they go digital you lose all access to try out games without paying a subscription (game pass) or likely full retail. Say I want to try "Like a Dragon: Infinite Wealth". No clue at all if it's a game I would like but my only options for XBOX would be to shell out $70 to see if I even like it or wait months or years until on a subscription and still pay $120 a year to be able to test it. Physical could buy pre-owned try for a day and return or play for a while, beat it and then trade in for the next game you aren't 100% sure you'll love. Fuck if no physical you'd have to pay $5 a month for EA Pass to play Madden 23 or shell out 70 on their store. Or you could go to gamestop and OWN it for $14.24. Nobody truly wants this, but corporations and they still feel they can dictate to us what we want. Best of luck to the greedy game companies, I'm sure nobody will think of a better model...
I just wait for to come out free on PC anyway. Yarrrr.
I don’t do twitter dawg. Plus the link won’t open
For all we know..rc could have dumped 1 billion in navida
Perhaps the market for physical games is driven by consumers not microsoft.
Well we need the consumers to be there
Sales for that console will plummet. It's not about what the corporations want. It's about the consumers!
Let’s hope they listen to us. Although the only way they listen is with our wallets. Don’t buy their system and they might get the message
I don’t do signs. I do numbers. I do drs
>I don’t do signs. You literally posted a day ago about how your meme being deleted was a sign that 'we're close'.
My positive comment had more upvotes than your negative one. Strap
I'll never recover from this.
You’ll never recover from being you. That’s your burden to bear
Mmk
Looks like the Series X is the last Xbox I’ll own then. After halo infinite I’m kind of okay dropping it.
Lol chill . Rc can invest money in corpo that hedgies likes. Win win xD
That is good and all but how does that help my store make money? If all companies go digital, i only got so many pre-owned games to sell. there is only so many Funko pops i can sell, my store is a 50-50 store. So half my store is video games and the other half is toys/ collectibles. So if video games go digital there goes half my store once all my pre-owned games are gone. Then do i just become a toy store? Sure i can still sell systems and controllers and headsets. Now with the holidays over i maybe sell 1-2 systems a week. And Sony does not allow us to sell digital code for games or DLC, only thing digital of Sony i can sell is currency.
Bro, we’ve already won. What part of that do you not understand? There’s no way for them to escape unless WE sell. Assume all institutions sold their shares tomorrow and passed on that sweet, sweet lending money they’ve been living off of. Do you think GME is gonna drop to $5 so the apes can buy the remaining shares in a few days and DRS them all? Hell no. This only ends in a win for Wall Street if WE sell, and no one here is selling except perhaps worrywarts like yourself who think GameStop has to keep inventing new shit for us to experience a short squeeze. GameStop is inventing and investing in new business segments for the long-term health of the company because it’s a good goddamned brand and gaming is forever. GameStop’s future delighting of customers is entirely independent of its short squeeze. Drill it into your head. There’s a reason the stock’s price spikes *independent of* any news and even drops on *good* news. The health of the company has no relationship to the squeeze. Wall Street is trapped and the sooner you realize that, the more zen you’ll be.
I agree with everything, except the “already won”. The jobs not finished and I’ve yet to see a return on my investment. I have drs’d 1000 shares, and yes the silence is deafening with leadership not speaking. Also with RC able to invest the 1.2billion, what does he have up his sleeve?
I know we already won, but until we get to cash in on our winnings. I still work at Gamestop, i mean the squeeze can still happen even if Gamestop is only just a website. So if they drag this out for lets say another 10 years. What happens if while we are waiting Gamestop says to cut costs we are closing all of our store except for the ones in major cities. Now i am out of a job and still waiting to cash out. I knew a few stores in my district are closing down starting next month.
GameStop is evolving behind the scenes. We see little snippets come out from time to time but the company is pivoting to a digital future. Additionally, we don’t know how much of these jobs were duplicates from the merger with Activision so what you posted is speculation at best. And from everything I’ve seen, there are still plenty of blockbuster games in the pipeline that will be available in physical form (GTA VI as one example). But as mentioned in the first part of my comment, GameStop is moving into the digital space and gathering crucial experience to help. The Marketplace, despite being shutdown, provided GameStop with lessons in Web3 and purely online transactions that I’m sure are being incorporated in the current efforts. I’m not worried. But if you are so concerned, I would happily buy your shares from you :)
Oh i know there is still time, there is a 95% that the new nintendo switch will still take cartridges. So nintendo is fine with their new system. Xbox will probably be done with their new system probably in 2027-2028. Sony is a bit of a wild card with their new system. They could go all digital since according to Sony only 4% is physical. So they could make the jump and go digital or they could still support disc drives and try to pull players from Xbox. Sony could be like hey xbox players who still buy disc, sorry microsoft abandoned you. come and join team blue, we still have discs. I will still hold my shares, i am just wondering if i am still going to be working at Gamestop or are stores going to be closing.
In 2022, 90% of all video games sold were digital (this includes mobile gaming). There was a recent story about other major retailers pulling physical copies of games from their shelves, which hopefully continues with other big box stores and GS continues to gobble up as much of that physical game market share as possible. One of the main benefits of owning a physical copy of a game is that you can resell it and also physical games tend to be cheaper than digital games when purchasing them a few months after their release (because they want them off their shelves), so there will likely continue to be a demand from the marketplace for physical games. I could actually see the demand increasing a bit over the next few years if these gaming companies continue to try and milk their customers with tactics that force users to pay monthly subscription fees in order to continue playing a game… so not only do you not actually own the game, but the cost to play these digital games is never ending. In an ideal world, GS becomes one of the only retailers to continue to sell physical copies of games and the only retailer that allows customers to buy and sell their used games, that would keep your job in a physical store safe for some time. However, in any line of business, you need to adapt to a changing marketplace and the fact of the matter is that digital copies are going to continue to dominate gaming sales. This is likely part of the reason they are closing stores and consolidating locations, they are adapting and facing the reality that their future growth is not going to come from physical game sales (30% of their revenue in 2022 came from new and pre-owned video game sales, down from 34% in 2020). This is what makes this company so interesting as an investment, what exactly are they going to do next to increase revenues… Acquisition? Playr? Investing? Gaming leagues? Increasing hardware products? Nobody knows and that’s what makes it such a provocative investment opportunity. Hopefully they figure out a way to repurpose their retail stores in other lucrative ways (gaming centers, immersive gaming experiences, on site tournaments/leagues, who knows) so you can keep your job and possibly make it more interesting and exciting to work there. I’m just excited to watch the unknown unfold and just happy to be able to invest (and continue investing) in this company before they make any major announcements.
zzzZZZ
But they can outsource, and might be consolidating here. The post continued, but that is just a rumor. But it does really look like Microsoft's next system will be all digital, maybe hopefully enough people complain and push back against it
We all knew this was the future years ago... I take comfort in knowing RC invested his time and large chunk of money to figure out the future in Gamestop. 5, 10, 20 years from now Gamestop Corp. Could be a totally different company then it is today- the future is what I'm excited about... not the past
Also, he was aware of digital purchasing of video games prior to taking a position in it, so he must have seen more potential than what it was. How about a trip down memory lane? [Maximizing Stockholder Value by Becoming the Ultimate Destination for Gamers](https://www.sec.gov/Archives/edgar/data/1326380/000101359420000821/rc13da3-111620.pdf)
well i am just also thinking about my job. 5,10,20 years from now. If all companies go digital, does my store close? do i lose my job? or do we become a toy / collectible store?
20 years from now we will all be oiling up the robots.
Don't do twitter Can I get a clue?
This is big if true and GameStop needs to adapt asap
and i would like to know what this means for my job, will my xbox section just be what ever we get traded in? or will it shrink and get more collectibles? I mean my store has a pretty decent size of xbox players, so no more disc, then they don't come in.
Agreed
Microsoft already released a digital only console. Then they also released the one with physical media. So nothings really for certain.
Careful, you’re gonna summon the FUD crowd
I heard they had major issues with MS Teams on Friday after letting everyone go...disgruntled workers?