(EDITOR’S NOTE: View From The Pugh is a journalism project from Chris Pugh. Subscribe to his daily newsletter and podcast, follow him on YouTube and sponsor his work)
Today’s post is sponsored by StreamYard.
Once known as the place where your $60 game was worth 42 cents trade-in value (if you were lucky), GameStop is entering its next evolutionary form: Pokémon card dealer. Yes, CEO Ryan Cohen has decided to lean fully into trading cards—because why sell games when you can sell cardboard rectangles with dragons on them?
At the annual shareholder meeting, Cohen revealed that trading cards now make up 30% of sales. In other words, Pikachu is doing more for the company than PlayStation.
Need your Michael Jordan rookie card graded? GameStop’s got you. Need Destined Rivals packs? Better camp out like it’s 2005 again.
As their consoles collect dust and digital downloads take over, GameStop’s strategy is clear: if you can’t beat the future, trade it in for a shiny Charizard.
Coming soon: GameStop’s NFT of a holographic receipt. Only $599 and absolutely non-refundable.
Comments
Post a Comment