Microsoft comes to GameStop’s rescue

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  • Inside Gaming published this video item, entitled “Microsoft comes to GameStop’s rescue” – below is their description.

    Microsoft has signed a unique deal with GameStop that will allow them to take a lifetime cut of digital game sales purchased from future Xbox’s that they sell in stores. GameStop’s market value has been floundering for the past couple of years and covid has certainly made matters worse for everyone’s ‘favorite’ retail video game store. However, this deal might be the start of something entirely new if Sony decides to sign a similar contract for the PS5. All things considered, this might be the big break GameStop has needed for a while to establish a more forward-looking revenue stream instead of relying solely on used games or game adjacent merchandise. Will it be enough to pull GameStop through another couple of years? We don’t know, but we are definitely going to talk about it on today’s episode of Inside Gaming Daily! Listen to our podcast! https://link.chtbl.com/IGPodcast Or buy our shirt! https://is.gd/u3xCtA OR follow us on Twitter! https://twitter.com/doplextv https://twitter.com/briangaar https://twitter.com/HandsomeMaster2 http://twitter.com/mc_lotta http://twitter.com/InsideGaming SOURCES [GameStop] GameStop Announces Multi-year Strategic Partnership with Microsoft https://bit.ly/37aktfO [Ars Technica] Microsoft will give GameStop a share of Xbox’s digital revenues https://bit.ly/3nXBIXB [Google Finance] GameStop Corp. https://bit.ly/3m5QF8v [The Motley Fool] Why GameStop Stock Popped 13% Thursday https://bit.ly/355GDwV

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    In This Story: PS5

    The PlayStation 5 (PS5) is an upcoming home video game console developed by Sony Interactive Entertainment. Announced in 2019 as the successor to the PlayStation 4, it is scheduled to launch on November 12, 2020 in North America, Australia, New Zealand, Japan, and South Korea, and on November 19, 2020 for the rest of the world.

    The platform is anticipated to launch in two varieties, as a base PlayStation 5 system incorporating an Ultra HD Blu-ray compatible optical disc drive for retail game support alongside digital distribution via the PlayStation Store, and a lower-cost Digital variant lacking the disc drive while retaining digital download support.

    The PlayStation 5 features a customized solid state drive designed for high-speed data streaming to enable significant improvements in graphical performance. The hardware also features a custom AMD GPU capable of ray tracing, support for 4K resolution displays and high framerates, new audio hardware for real-time 3D audio effects, and backward compatibility with most PlayStation 4 and PlayStation VR games.

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