Story perspectives

GameStop CEO: Sony disc halt won’t hurt, eBay bid rejected

7/19/2026

Summary

Story summary

GameStop CEO Ryan Cohen said Sony’s July 1 2026 plan to stop PlayStation disc production does not affect GameStop.
Cohen noted software is under 12% of revenue while collectibles generate more than half of sales.
FY 2025 net sales were $3.63 billion, while software fell 27%, hardware dropped 12% and collectibles rose 47% year over year.
Cohen’s $125-per-share cash and GameStop-stock bid to acquire eBay, valued at $56 billion, was rejected by eBay’s board on May 12.

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Story summary

GameStop CEO Ryan Cohen said Sony’s July 1 2026 plan to stop PlayStation disc production does not affect GameStop.
Cohen noted software is under 12% of revenue while collectibles generate more than half of sales.
FY 2025 net sales were $3.63 billion, while software fell 27%, hardware dropped 12% and collectibles rose 47% year over year.
Cohen’s $125-per-share cash and GameStop-stock bid to acquire eBay, valued at $56 billion, was rejected by eBay’s board on May 12.