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In some ways, GameStop is the story of the suburbs, of being an idle teenager, of sifting through the bargain bin, of late night Call of Duty launch parties, of buying your first console and then selling it back a few years later. But it's also the story of the end of the shopping mall, the decline of physical media and the shifting center of power in the $200 billion gaming industry. Oh, and it's also the story of the rise of the retail investor? And maybe, it's the story of the future of shopping… although maybe not.
Using reporting and analysis from S&P Global Market Intelligence, Neil Barbour walks through the long arc of GameStop's rise, decline and improbable afterlife. From the PlayStation 2 boom years to the 2021 short squeeze, to shrinking store counts and the company's recent $55.5 billion bid for eBay.
Key topics include:
➤ GameStop grew from $757 million in revenue in 2000 to $8.8 billion in 2008, riding the success of hardware like the PlayStation 2 and games like Call of Duty. ➤ Broadband expansion, smartphone adoption, digital storefronts and platforms steadily undermined the physical retail model. ➤ The Reddit-fueled 2021 short squeeze upended Wall Street, rattled hedge funds and changed the conversation around short selling and retail traders. ➤ Ryan Cohen's arrival reshaped investor expectations around GameStop's e-commerce ambitions and capital strategy.
More S&P Global Market Intelligence Content:
Electronics Supply Chain Outlook | S&P Global
Video game profitability tracker: Positive, if precarious, margin trends in 2025
Private equity investment in video games falls as investors shift focus
For S&P Global subscribers (login required):
Economics of Streaming Media: Growth in market an opportunity for game industry
Xbox's new Netflix-style subscription service could have 'unique advantage'
GameStop confirms discussions about potential deal
GameStop to sell AT&T wireless business to Prime Communications for $700M
Data Dispatch: PlayStation 5 launch highlights accelerating shift to digital for video games
Data Dispatch: Most-shorted S&P 500 stock of 2020 surges, putting squeeze on short sellers
Data Dispatch: GameStop frenzy could 'forever change' shorting as traders disrupt risk calculus
GameStop traders at a crossroads: 'To the moon' or 'along for the ride'
Data Dispatch: Analysts question funding, rationale in GameStop's $55.5B play for eBay
Host: Neil Barbour
Produced & Edited By: Neil Barbour
Published With Assistance From: Sophie Carr, Feranmi Adeoshun, Patrick Moroney
By S&P GlobalIn some ways, GameStop is the story of the suburbs, of being an idle teenager, of sifting through the bargain bin, of late night Call of Duty launch parties, of buying your first console and then selling it back a few years later. But it's also the story of the end of the shopping mall, the decline of physical media and the shifting center of power in the $200 billion gaming industry. Oh, and it's also the story of the rise of the retail investor? And maybe, it's the story of the future of shopping… although maybe not.
Using reporting and analysis from S&P Global Market Intelligence, Neil Barbour walks through the long arc of GameStop's rise, decline and improbable afterlife. From the PlayStation 2 boom years to the 2021 short squeeze, to shrinking store counts and the company's recent $55.5 billion bid for eBay.
Key topics include:
➤ GameStop grew from $757 million in revenue in 2000 to $8.8 billion in 2008, riding the success of hardware like the PlayStation 2 and games like Call of Duty. ➤ Broadband expansion, smartphone adoption, digital storefronts and platforms steadily undermined the physical retail model. ➤ The Reddit-fueled 2021 short squeeze upended Wall Street, rattled hedge funds and changed the conversation around short selling and retail traders. ➤ Ryan Cohen's arrival reshaped investor expectations around GameStop's e-commerce ambitions and capital strategy.
More S&P Global Market Intelligence Content:
Electronics Supply Chain Outlook | S&P Global
Video game profitability tracker: Positive, if precarious, margin trends in 2025
Private equity investment in video games falls as investors shift focus
For S&P Global subscribers (login required):
Economics of Streaming Media: Growth in market an opportunity for game industry
Xbox's new Netflix-style subscription service could have 'unique advantage'
GameStop confirms discussions about potential deal
GameStop to sell AT&T wireless business to Prime Communications for $700M
Data Dispatch: PlayStation 5 launch highlights accelerating shift to digital for video games
Data Dispatch: Most-shorted S&P 500 stock of 2020 surges, putting squeeze on short sellers
Data Dispatch: GameStop frenzy could 'forever change' shorting as traders disrupt risk calculus
GameStop traders at a crossroads: 'To the moon' or 'along for the ride'
Data Dispatch: Analysts question funding, rationale in GameStop's $55.5B play for eBay
Host: Neil Barbour
Produced & Edited By: Neil Barbour
Published With Assistance From: Sophie Carr, Feranmi Adeoshun, Patrick Moroney