GameStop says 17 percent of its sales are paid in trade credits. The implication is clear - if the games industry lost 17 percent of its sales tomorrow, that would be a bad day for the publishers and developers
GME deals heavily in used games, often to parlay that into new sales. Its an important part of their business model. If they aren't able to do that, they'll have to do some major overhauls on their business model. As a result of the rumor, the money panicked. I don't find the reaction that shocking.
@Andy72774 It's like giving away a razor so you can sell blades. Pretty much the same concept. Game prices eventually will rise. Like everything else. It's a good question though. What will the games cost? If the 2nd hand market is done away with on the upcoming generation, they sure as hell better not raise the standard retail price.
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