GameStop CEO Ryan Cohen Insists Sony Killing Physical Discs ‘Doesn’t Matter at All’ Because Video Game Sales Make Up So Little of His Business
GameStop chief executive Ryan Cohen says Sony’s planned end to physical discs for new PlayStation games from January 2028 will not materially affect the retailer. He argues that game software now accounts for less than 12% of GameStop’s business, while collectibles contribute more than half, highlighting the company’s shift away from its traditional core market.
Cohen made the comments during a Bloomberg TV interview on 16 July, calling the issue “totally irrelevant” and claiming GameStop is more profitable than ever after previously nearing bankruptcy. GameStop has nevertheless been shrinking its US retail footprint, closing 590 of roughly 2,325 stores during 2025 and making further closures in 2026, while seeking revenue through collectibles, trading cards and other ventures.
- Cohen says physical game sales are now marginal to GameStop.
- Collectibles generate more than half of its business.
- GameStop continues closing stores while changing its business model.