GameStop's chief executive has said that physical video games no longer matter to the company's business, describing their relevance as "totally, totally irrelevant" in recent comments. The remark reflects the ongoing shift in the video games industry away from physical discs and cartridges towards digital downloads, a trend that has significant implications for GameStop given its history as a retailer built around physical game sales and trade-ins.

The full detail of the comments, including the context in which they were made, was not available from the source material provided. However, the statement underscores how far GameStop has moved from its traditional retail model, as the company continues to reposition itself amid declining demand for physical media across the games market.