GameStop CEO Says Games Are “Irrelevant” To Company Revenue

Authored by insider-gaming.com and submitted by esporx
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GameStop CEO Ryan Cohen doesn’t care about physical games.

With Sony announcing that it was halting the production of physical games for PlayStation starting in January 2028, discourse over what the future of the physical games media continues to be front and center. PC games went digital only years ago, while consoles were often seen as the last place for those who prefer the format.

For a store like GameStop, which has long relied on physical games, it doesn’t appear to be a problem for the company.

Speaking with Bloomberg, Cohen shut down any concerns or worry that the decline of physical games will hurt the company, responding to the question, “If the hardware makers are reportedly moving to discless on the console side, future game launches are digital only, where does that fit in for the business plan?”

“It doesn’t matter at all,” Cohen said. “Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”

More GameStop: CEO Ryan Cohen Says Everyone Wants The Company To Fail

Rather than focus on the gaming side of things, Cohen’s mind is set on the company’s bid to purchase eBay. Though it’s been rejected by eBay, Cohen doesn’t appear to be giving up that fight either. He also seems to blame the mainstream media for GameStop’s perception and that there’s a hope the company fails.

“Everybody in the media wants GameStop to fail,” Cohen said.

What do you think of Cohen’s comments that software is irrelevant to GameStop? Leave your thoughts down in the comments, or join the discussion in the official Insider Gaming Discord.

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Written by Mike Straw Executive Editor Mike has been covering the gaming industry since 2012, and has reported on some of the largest events in the industry while also working as an investigative reporter. Outside of… More from Mike Straw

Loneliiii on July 16th, 2026 at 21:38 UTC »

I worked at GameStop here in Germany before they all closed. Most of the money was made by merchandise and Funko Pop figures. The gaming shelves got smaller and smaller over the time

jubmille2000 on July 16th, 2026 at 21:08 UTC »

-Stop

GrimMilkMan on July 16th, 2026 at 21:04 UTC »

They've been making the change over to other stuff for awhile. Cards/merch stuff like that