It’s no secret that our industry is experiencing something of a paradigm shift. Physical media, the truest and once exclusive form of entertainment is slowly being toppled by a digital world of Steam Sales and convenience. It’s entirely possible, though disturbingly reclusive, to never leave your home again. Pizza can be ordered online; videogames, the long established companion to greasy dough, sauce, cheese, and various toppings are only multiple eager clicks away, too.
While there’s certainly sizable doses of nostalgia at play, and we all know nothing moves more units than sentimentality, let’s take a look at GameStop, the juggernaut videogame retailer’s latest selected data.
Sales for new titles haven’t been performing up to 2013’s snuff, although that’s to be expected given the sliver of gamer’s who’ve converted to current-gen without regard for its extensive software delays. Used games, on the other hand, are climbing GameStop’s sharpest incline in quite some time. The Company’s stock itself is expected to bloom substantially, too, with the median estimate boasting over 28.00% growth from its current price within the next 12 months. Some specialists are declaring an impressive price target, with a climb of nearly 60.00%.
It’s certainly a good time to be GameStop Corp, and though much of the company’s bolstered statistics can be handed to Sony and Microsoft’s latest consoles, a multitude of alternative options in the vein of Amazon don’t seem to be slowing GameStop’s reign of media.
Rather than face the wrath of a new order, GameStop is growing stronger. Although many asserted this generation to be the fall of physical media, it seems as though it’s finding its way back to the pinnacle of relevancy. Perhaps the community, those who’ve long demanded the technological leap into digital territory, aren’t quite ready to part with trade-in assaults, forced conversation and the myriad of “specials” from their local videogame retailer. Maybe disc-based media still has a place under this digital age’s regime?
I’ve been collecting videogames since before I could spell Suikoden. And despite having amassed hundreds of digital titles, my preferred and most beloved form of entertainment can be unwrapped, opened, smelled and stored on a shelf. While it’s likely that I’ll continue to nudge toward the ultimate desolation of physical mediumship, that terrifying future is a comfortable distance away. I see coexistence in the horizon, and it’s a beautiful thing.
How do you feel about physical media not entirely fading into obscurity this console generation and GameStop’s recent success? Let us know in the comments below.