GameStop CEO Cohen Dismisses Concerns Over Physical Game Sales Decline as 'Immaterial'

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According to Bloomberg Television, GameStop CEO Ryan Cohen dismissed concerns about the decline of physical video game sales, calling this revenue stream 'immaterial' to the company's overall business. Cohen's comments responded to Sony Group's announcement earlier this month that it will halt production of new physical PlayStation game discs by 2028. He reiterated that GME's long-term strategy focuses on gaming collectibles and the acquisition of e-commerce giant eBay.
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