Xbox Game Pass Announcement Sends GameStop Shares Tumbling

Which makes sense, Xbox Game Pass could legitimately pose a threat to traditional retail game sales.

Posted By | On 28th, Feb. 2017 Under News | Follow This Author @Pramath1605

Microsoft announced earlier today the Xbox Game Pass– a great subscription service that, for the low price of $10 a month, gives users carte blanche access to a library of over 100 Xbox 360 and Xbox One games from Microsoft and third parties, allowing you to download and play them at will. It’s a great service, and one of the better examples of games as service- it is also apparently a threat to specialized game retailers.

You see, the announcement of this service has apparently sent share prices for GameStop, the largest retailer of video games in North America, tumbling. GameStop’s stock price has dropped by almost 8% since the service was announced, Venture Beat reports, with investors presumably being spooked by the threat of what Xbox Game Pass could represent for new and used game sales (which are GameStop’s bread and butter for generating revenue).

Their fears are not unfounded- for the casual user, it is entirely possible to simply buy an Xbox One, subscribe to Game Pass, and never actually have to buy a game after that. 100 games is nothing to sneeze at, and presumably, the library will continue to expand further, too.

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  • crazy_black_man-

    And there you have it folks. The future. Xbox as a service. They have now just totally threw in the towel and conceded to Sony. This service is now being offered under duress, as an absolute last resort, a forced maneuver so to speak. Subscription based gaming is now the new business model on Xbox thanks to EA, and their EA Access subscription model.

    The question is do you get to keep your games if the service expires? Of course not.

    So this is why they changed their goals from worrying about their falling game sales numbers to focusing on Xbox Live engagement? The Xbox One was clearly not selling entirely enough games. They also couldn’t continue to allow Gamestop to keep killing their “new games” sales profit margin. It all factors in. Wow. This is a truly desperate last ditch attempt to keep the brand alive. LOL. Have you ever downloaded a digital game on an Xbox One? It could take weeks.

    • Living While Alive

      You are retarded!

    • crazy_black_man-
    • Michael

      Silly pony. You just mad because sony can’t afford to offer a decent service like this. They are too focused on getting out of the red. You only ly wish psnow was this good.

    • crazy_black_man-

      I dont need no stinking additional services like this. I dont rent games. I buy all my games physically and when I’m done with them, I trade them in. I don’t need to subscribe to these lame new money grab schemes that are just meant to sucker you out of more money just because MS cant sell enough of their crappy Xbox One games, so they’re now relying on pushing these old Xbox 360 games to help keep the Xbox One afloat. What a joke.

    • bewareofZ

      Sony haven’t been in the red for the last 3 years muppet.

    • Michael

      I know. They’ve been lower than the red. Stop making excuses, pony. Sony can’t afford to have a service like this because it means spending more money.

    • bewareofZ

      proof or gtfo.

    • Dougdec92

      Lol, they need games to play on the Scorpio ,

    • Code Geass Season3!!

      Man you are so like him(Alex Jones)…you should call him and ask him for a job, you would do such a great job at that nut house.

    • Old Skool

      He only peeks out from under the rock when Microsoft articles are posted……….he’s very passionate about spreading his hate for Xbox.
      Crazy ain’t in his name for no reason…….
      Now i know what his last username “Doggystyle” meant……….at some point in time he got bent over by Microsoft which is why he has this agenda to spread his hate for them no matter if the article is about them doing something good or not.
      He’s pathetic!
      I’m not gonna front, i got rid of my Xbox for a PS4 a long time ago because it’s more my style but you’ll never see me actively seeking out Microsoft only articles to crap on it….
      This bum is as bad as those stuck up PC elitist…….

    • crazy_black_man-

      “Now i know what his last username “Doggystyle” meant……….at some
      point in time he got bent over by Microsoft which is why he has this
      agenda to spread his hate for them no matter if the article is about
      them doing something good or not.”

      At some point we ALL got bent over by Microsoft’s moves in the gaming industry, and always remember that a leopard never changes it’s spots…unless of course they are in 2nd place behind Sony and the PS4 and are suddenly starting to get desperate for your gaming dollars, like Microsoft is right now. Please don’t go hating me for not supporting your gaming choices and voicing my opinions about the Xbox team. That would only make you look just as bad as me.

    • Mark


    • Gamez Rule

      So many Xbots moaned about PS+ and how we don’t keep games, and yet some of those same Xbots are really happy MS have this XGP knowing they don’t keep games?

    • Tomaterrrx

      What are you babbling on about. Why would a game take weeks to download? Bear in mind some of them are 360 games and most are below 20gb. The average global internet speed is around 6Mbps it would take the average person (20000/6=3333 seconds= 55minutes) less than an hour (not factoring in bandwidth but shouldn’t make a huge difference) to download an average sized game. You failed there.

      Where have they implied they’ve surrendered to Sony. The only place in your mind where that would ever happen is in the ‘console war’ part of your mind. If Xbox gave up PS would become a monopoly and exploit their position, douchebag.

    • crazy_black_man-

      LOL!!! I got called a douchebag today. Love you bro!

    • Tomaterrrx

      Love you too! XDDDDDDD

      Stay salty lol

  • Mr Xrat

    Dunno why, owning a game is very different to renting them out like this service. Although it’s interesting that this confirms it is MS’ 2013 bullsh1t dressed up a bit better.

    Maybe Gamestop should consider pricing its games a bit better.

    • crazy_black_man-

      Yep, Gamestop did this to themselves. They have been price gouging their gaming communities for far too damn long.

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  • Rikarudo

    That downloadable option is what makes this service stand out. No more relying on streaming like ps now and the price although little more than ps now, it makes up in the downloadable part big time. Nice move, buy an Xbox pay 120 bucks a year, play 100 games or more.


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