Xbox 720 and PS4 will both likely arrive within a few years, and Wii U is due out next year. All three of these platforms should do well enough for themselves, says former Microsoft Game Studios VP Shane Kim, who doesn't quite buy into the theory that mobile will get so powerful that it'll seriously harm or even replace consoles in the future.
Former Microsoft exec Shane Kim has taken the helm at GameStop as interim CEO while the retailer continues its search for a permanent replacement.
Gamestop CEO's yell....abandon ship..Gamestop will be no more in the next 5 years. The store are filled more with trinkets than video games and accessories like it used to be. Consumers are more and more buying digitally or off other retailers since GS has done nothing but rip off the consumer when it comes to selling your stuff back. Karma!
People swear Gamestop is ripping them off but have no idea the economics of Video Games and have no idea what it takes to make it work.
1. Gamestop doesn't over charge for anything, they are selling it at distributor recommended pricing, MSRP. If Gamestop overcharged u would see $100 pop figures. As we all learned from Best Buy, blanketly discounting new video games can be a huge loss. Retailers only make about 5-6 off of a $60 game. So when BB was discounting them through membership they made $0 from them, because they thought they could use it as a Loss Leader of other products they do make profit on. They were mistaken because consumers have no loyalty anymore. They will turn on a company in a heartveat just to save pennies. It is an unsustainable marketing ploy that even Amazon will do away with eventually.
2. Know that Gamestop is not a Buyer, they are resellers. People think they should get $40 back on their $60 game....that is highly unsustainable in a business as large as GS. Gamestop cannot over/under pay you for trades. You don't have to sell to them. But most people do. Gamestop is the largest US distributor of games. When you are trading in that Madden 14, be assured that single store has seen hundreds of of copies of the same game. Company wide, they can have millions. All gamestops share product. The more people trade an item in the more it drives down the title's value. They will never SELL even half of what they buy. So their objective is to buy them in trade at a value at pace to how quickly they can sell them and still be profitable. When u see a mompop game store buy games for more it is because they will never have anywhere near as much product available to them. And if they did see even a fraction of amount of trades Gamestop does they would just turn you away. In essense, Gamestops trade program is a victim of it's own success.
Shane Kim definitely has some insights for The Stop, which is probably why he's a board member, but this feels like a "Dutch Boy" moment where the outcome could actually go either way.
GameStop recently added the Impulse client to its web store and the retailer also remains focused on providing DLC content in store. It's quite clear that GameStop takes the growing digital sector very seriously, and the brick-and-mortar specialist believes it can take advantage of a booming digital space while also still supporting physical because the company fully believes digital is not cannibalistic to physical. Former Microsoft Game Studios VP Shane Kim, who joined GameStop's board, would agree.
Gamasutra: Former Microsoft Game Studios vice president Shane Kim spent 15 years with the company's Interactive Entertainment Business, but since his retirement from the company hasn't lost interest in the games business. He's joined the board of directors at two companies -- first, retailer GameStop, and recently, Zipline Games, creator of the Moai mobile game development platform.
Heck NO! Consoles aren't going anywhere. I have a high desktop sitting right here and I never use it for gaming. I much rather use my consoles.
I also have an iPhone 4 and it isn't taking any of my gaming time away from my consoles.
the dinosaurs of the industry insist that consoles have to stay...of course they wont disappear.