In context: It is no secret that GameStop hasn’t been doing too properly all through 2020. After the Covid-19 pandemic kicked into excessive gear and compelled non-essential companies to close down, GameStop misplaced a big income stream — even when the closures had been solely non permanent.
On a much less 2020-specific notice, because the gaming world has more and more moved towards digital distribution as a substitute of bodily discs, GameStop has discovered itself in a troublesome place. Over the subsequent decade, who’s to say whether or not a big quantity of individuals will nonetheless be shopping for video games on discs in any respect.
With companies like Elon Musk’s Starlink within the works, even unserved or underserved areas could quickly get dependable web, decreasing the necessity for bodily sport set up media.
Apparently, the very factor GameStop is struggling to compete with could quickly show to be its savior. In accordance with a brand new report from Ars Technica, there was extra to GameStop’s current “strategic partnership” with Microsoft than it appeared.
Certainly, the outlet stories that GameStop will truly be receiving a portion of Xbox’s digital gross sales income from right here on out. The precise quantity remains to be up within the air, however the cash shall be funneled towards GameStop every time the retailer manages to deliver a tool “into the Xbox ecosystem,” no matter meaning.
Nevertheless a lot the share is, it is going to be attention-grabbing to see how a lot of an affect it has on GameStop’s operations shifting ahead. We’ll be preserving our eye on the corporate’s new partnership with Microsoft, and we’ll let you recognize if any new developments come to gentle.