GameStop CEO Declares Physical Games Irrelevant, Eyes $1 Trillion via eBay Merger

GameStop CEO Ryan Cohen says the end of physical game discs is totally irrelevant to the company’s future, highlighting a pivot toward collectibles like Funko Pops and trading cards where game sales are a minority of revenue. With about 18% of revenue from games and 41% from collectibles, Cohen has pushed for a $55 billion bid to acquire eBay, arguing a GameStop–eBay merger could become a $1 trillion business, even as GTA 6’s digital-only trajectory raises questions about used-game sales.