The Rise And Fall (And Rise) Of GameStop
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- Опубліковано 2 бер 2021
- GameStop has been a key player in the video game industry for over two decades. Its business seemed to be on the verge of collapse, until company shares skyrocketed in January and February thanks to traders on Reddit. But will these stock rallies be enough to save GameStop?
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The Rise And Fall (And Rise) Of GameStop
I love how massive media giants are using formats from self made UA-camrs who make better videos.
Ikr
It's probably interns making this.
It's allshit anyway
SUBSCRIBE TO COMPANY MAN
Shhh you're making the boomers insecure
Let's be honest getting games or anything from app or online isnt the same excitement feeling as buying from the store, good ol days.
Remember going into blockbuster and renting games as a kid? Haha
It's much better if the store in question is Gamestop. I still remember the absolute insult that they offered me less than $4 for 3 games they were selling AT MINIMUM for $15 each just a few feet away. Even as a middle school kid, I knew what robbery was.
It just sucks that store has to be GameStop because they are such a shit company.
Brand new PS5 with 300 games? best I can do is $3.50 I'm taking all the risk here 😂
They can now afford to take in all the homeless sky landers figures
😀😀🤣
Why would you buy a brand new system just to try and sell it back to the store, you deserve to be ripped off at that point lol
@@DawsonsMemes under appreciated
My parents try to trade in a few games got like $3 off of it and I told them never ever ever ever trade in any games ever again to GameStop you don't get much and keeping them is a lot more worthwhile
You guys literally stole Company Man's title format. Damn.
Company Man
Stolen? You're mistaken. Besides the fact that the sentence "The Rise and Fall" is a common phrase in normal conversations for stocks, I checked out Company Man's channel. The first time he used the title "The Rise and Fall" was on his Vans video, two years ago on May 2, 2018. CNBC has several videos with the title "The Rise and Fall" such as the Toys R Us video on Jan 24, 2018. Trying to claim that the title is stolen is as ridiculous as the Fine Bros trying to copyright the word "React".
@ALESSANDRO PIOLTELLI
"and Rise Again" isn't a copyrighted sentence. If it were, then Company Man stole "The Fall and Rise" from CNBC but that's not the case. It's just common English
@ALESSANDRO PIOLTELLI you could say the same about the “Rise and Rise of Bitcoin” documentary from 2014, so I don’t think it’s a fair argument.
finally, someone spitting the facts. the fact that it's not copyrighted only means he can't sue legal action against the stealing. ++ i must highlight this as well: the formats of the videos are similar too
I still like physical copy of my games
same here mate besides you don't even know if you're getting a real game or a rat's tail
You'll still be able to buy physical this next console generation. After that it'll get hard.
@@Kage-jk4pj well I guess now w'll have to wait until we have Terminator like scenario
Me too
Cost the same
I thought this was a @CompanyMan video for a min lol
Similar style and title huh?
This might be the first new source I've see that describes it as WallStreetBets saw a opportunity. Every other new source just says they pumped up the price.
They copy a less known UA-camrs format search company man
Never been this quick to a business insider video.
Yup
Its from the company man channel.
Damn thought this was company man
Nah they just copied the title
They straight up plagiarized his title lol
@@1SouthernRaj
If you actually think that's true then Company Man plagiarized CNBC's titles
Same wtf lol
They low-ball worse than Pawn Stars 😂
That's hilarious
I traded my launch ps4 back to them for $200 when the ps4 pro initially dropped. Only made the upgrade to the pro cost $220 out of pocket. Felt like that was a solid trade in my favor.
Apes together strong! This ain’t over yet!🦧🦍🤚🏻💎🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
APES TOGETHER STRONG , HODLLLLLL
I had a Gamestop one block away from my house. Me and my two friends used to go their and hang out all the time and the clerks even let us play games and help. That was until one of my ahole friends stole a game... After that they made a no loitering policy.
You're the guy? Sweet. I think Gamestop did used to have a lot of loitering but they thought it was good for business.
you forgot to mention the massive amount of shorts in GME.
He did
They did mention it..
Company Man rip off
Company man but boring
That's what's I thought
How
The Rise And Fall (And Rise To The Moon) Of GameStop
Fixed it for you
@@2grips fr
Gme easily has the potential to be a $600+ stock
They DID always rip us off though, I mean it was almost expected every time tbh.
I remember waiting in line for the Xbox 360, good times. We were all like a family.
They can sell on Amazon and make make they're own website
Their in-store DLC was the best deal. You could buy and install it before returning it or exchanging it, which made it effectively free.
I once bought a digital download online from GameStop and they cancelled sky order because it was “out of stock”
Like how tf you run out of digital download
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Get Steam it’s great and it’s free. You can buy games that are cheap and Steam sales happen.
Imagine investing 10000 shares @ $3.18 in 2020, you would still be a millionaire now. (March 2021)
Online and digital copy of games really torn GameStop apart. Hope they can really turnaround as I would love prefer physical copies and interaction with the stuff there.
Gamestop has for far too long relied on buying used games at way less than their actual waorth and then selling those used games at a way more than street price. If they want to keep the physical games sales going they need to pay attention to what Mom and pop stores are doing.
- Don't insult your customers by offering very little for used games that have held value or are actually worth more
- treat your customers with respect, treat your employees with respect and try to retain employees that your customers trust and are actually knowledgeable about your product
- have an area for customers to congregate, sell snacks and setup demo units
- stop putting your stores in malls with limited space so your stores can hold more inventory and cater to customers that want to browse your library and socialize. Make your storte a lace they want to hangout and spend money. Like comic and hobby stores.
- create online groups where customers can meetup and chat while playing games at home. Like they are already doing with things like Discord.
- Look into adult spaces like Barcades that you could attach to your stores. The adult gamer is a very large and under targeted audience. Video games have been around fir 59 years now. It isn't just kids and teenagers.
- Physical game ownship is still a thing. Maybe carry less new stock of the latest and greatest and do some market research about what games people by physical copies of to collect. And that sure ain't Sports games with their yearly releases and lack luster updates. anything with a yearly release should be treated as a cancer in your store you only bring in for those that request of preorder.
- Mobil games are popular but they represent an audience that is NOT the same as the console and PC audience. Don't focus on it as part of the gamestop brand unless its hardware for phones like gamepads or battery packs.
I definitely hope so, and yeah amazon should just buy gamestop to form even an spot on package retrieval point besides the gaming sales.
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Why is nobody talking about Cruptocurrency at this moment? It's on a bull run and a lot of people are defintely gonna miss out on that just like the last time
I'm a huge fan of Crypto. I hold a few coins in my blockchain wallet
Been investing in the crypto world for 2yrs now I can say its really profitable
Yh no doubt the crypto market has earned me alot you just gotta understand the market
Bitcoin Trading is the best thing I've ever done since the inception of Cryptocurrency
It's very profitable for real man
Crypto is the future, trading crypto has become a lucrative way of making money
Stock are good too
Stocks are good crypto is better
I wanted to trade crypto but i got confused due to the fluctuation of price
Can’t wait for the next episode🚀🌝🌝
The thing is, no matter what they do it's a moot point, unless they fix how they treat their employees.
I looove these videos, please do more!
I still remember being a kid at the mall and GameStop was always packed.
Stock Market: *exists*
r/wallstreetbets: and I took that personally
Dude at 2:08 reminds me of GameStop.
Business Insider should make a video on the rise and fall of Fry's Electronics.
There's literally a video about just that on UA-cam just saw it in my recommended. CompanyMan channel, which I thought this was at first lol
I’d like to see a rise and fall of Nook. I remember when those tablets were everywhere. Now I don’t see them anywhere anymore.
Comment sections filled with people that are now experts in investing after 1 month.
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I love when Giant corporations fall and disintegrate, like imagine when Amazon comes crashing down just as it's leaders are boasting that things are gonna get even better and that they'll practically be swimming in money
This will surely not age well.
Literally just subbed to Wall St Bets forum in case this happens again...
@Businessinsider The start of you video tells about GameStop closing 150+ of their 4000+ stores. The end of your report tells about the debt of GameStop's 5000+ stores. GameStop is GROWING.
what's the music or artist???? 3:48??
It is now March 29th, 2021, and GME stock is still sitting at a cool $181. The Pokemon Company International has partnered up with GameStop in the US to release a promotional "Flapple" Pokemon TCG card. An EB Games stamped "Flapple" was released in Canada as well. Also, GameStop has announced that it'll start to sell PC graphics cards and other computer peripherals. More to come, I'm sure. GME stock is still 10 TIMES what it was just 4 months ago.
Google stadia where you can stream games that's the platform !
Until the minimum speed is 100mbps in Nemo point, streaming gaming is unviable
I hope GameStop get their act together soon before they go extinct
Just wait until the real squeeze happens, a few weeks to early with this video :D
Why would they do it again and lose it again, but this time not getting bailed out
Shame on Business Insider for copying “Company Man” ‘s video format, go watch him on UA-cam instead
What is Sal from Impractical Jokers doing here at 7:44 in this video?
When GameStop settles for Bankruptcy i hope there lawyer says i cant help you but but i can offer you in store. Redit
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We have a couple of Nintendo switches so we have to buy physical in order to be able to use them in either or.
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They should have started their own gaming subscription service and allowed third party developers to introduce games on that service, basically create Xbox Gamepass.
It would be terrible
Microsoft might have the best one and the game pass isn’t that good
You know I totally forgot about that Reddit incident. Wild times
One of the best stores for games. GameStop is a survivor that blockbuster, Hollywood video, and Game Crazy couldn’t be. Don’t sell my stuff there but I do preorder my games and also figures.
Those shorts have to cover 💎✋🚀🌕
You know this is the nail on the coffin if Insider is making a video.
Was that Captain America in the line?
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Poor GameStop, I wonder if they’re going to survive this console generation?🤔
They will, trust me. Screenshot this.
@Jmoa. How are they going to do that? Most people are buying their games digital. I personally know a couple people that use to buy from GameStop but now they buy their games digitally.
nope
can anyone tell me the name of the game showed in the video? thanks buddy in advanced.
3:39 is that Captain America?
Yes
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Why is westjett in the thumbnail
Looks like this video is due for an update
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So sad too see business like these go…it’ll be like blockbuster all over again 😢
Nice video.
Stonks only go up
diamond hands
yisss
Basically 2020’s biggest “just a prank bro”
Funcoland was the shit but when I lived in New York in bushwick we had a game store on Knickerbocker avenue and I used to go there a lot after the video store closed across the street from my crib Funcoland used to be in Manhattan Mall and that's when I used to get the exclusive games that I couldn't get in my regular neighborhood
0:14 Since the Xbox "apparatus" comes with a free game: CALL OF DUTY: MODERN WARFARE III, rated M for Mature, it's the only game they're permitted to play till turning XVII. Parents don't usually permit their children to play M-rated games before XVII. As family-friendly as electronic gaming can be: Nintendo.
Seems like GameStop is going to be just like blockbuster
I love how the narrator covers this like a foreign civil war
It is not over yet. I am eating dips of GME like crayons and HODL, because I like the stock. I am not a cat.
WE LIKE THE STOCK
Rise, fall, rise again, fall again? Maybe?
The media
: "GameStop is failing."
Reddit:
"Hold my stocks."
What’s the name of this bunny game they keep showing clips of?
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I take it GameStop is game or cex in the UK? If it is, it's hilarious what you get offered.
Imagine if GameStop made a GameStop pass where you can rent 2 or 3 pre-owned games at a time and exchange them anytime for $15-20 a month
I just like the stock.
I thought the title said GameStonk
Its hard to see how disc drives can improve.
It peaked with the ps4/xbox one.
I stuffed my new laptop with a 1.8 tb (2tb) so its now 2.2 tb with the 480 gb (512gb)
But what may next decade bring?
200 gb games?
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POWER TO THE PLAYERS?!...✊🏾✊✊🏻✊🏼✊🏽✊🏾...😏😎
We are not gambling, we just like the stock.
They were very careful about the title lmao
The word choices..
GameStop was where one of my brothers purchased video games.
again?
Once I was at gamestop and they had that one game in a used and a new version......guess which one was the more expensive one......no really the used one costs more than the new one....
There’s another channel that makes the same kind of videos (literally same kind of title and concept). It’s called Company Man. Just trying to help protect channels that don’t have massive companies like Insider backing them...
@Virtual Victory VD for real man!!
My GME stock us up 153%.
Physical games is what I always buy because it feels like a ripoff if both the digital and physical is the same costs. Digital games can be off the store digital and now what a few years and it doesn’t make a return at all
They closed three GameStops in my city :(
HODL THE LINE 🚀🧤💎 IT'S NOT OVER YET.
Gamestop can afford to pay you up to 25 cents per game now XD
no they cant, stock price has no effect for company financials as long as they dont issue new shares
Everyone's Games one STOP Shop Destination 🤣
By faster download speeds surely you don't mean PS4 hahaha. I'm still waiting for modern warfare to download and I bought that in 2019.
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Only been there a few times. I would just buy the games at Target.
How am I gonna buy Nintendo's 3Ds pre owned game??
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Hey hows it feel to know that with all your resources you can't make a better video than Company Man?
Doesn't help that Gamestop trade-ins were a big middle finger. They only gave you a few dollars for a trade in.
The company man would like to know your location
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@@stephencuenca8105 is a fake account
Didn't MrBeast bought ur entire shop?I saw in one of their videos😁😆😆😆😆😆😂😂😂😂😂😂
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Hey is everyone saying they thought this was a Company Man video...Its not the first time Business Insider did a rise and fall video 🙄
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There was a social forum before game stop that one guy lied his ass off.
3:41 What's Chris doin here 😳
I could be wrong, but I don't really see a future for GameStop online. Epic already throws a billion dollars a year propping up its own online game store, desperately trying to claw market share away from Steam and it is failing. I don't really see what GameStop could do against Steam that Epic can't. Steam has the whole gaming exosystem and holds everyone's game libraries, so getting people to switch is going to be nearly impossible.
In its simplicity, people lost money In the stock market.
There is no fall, only rise
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I bet you nerds are loving those rabbit animations.
Nobody mentions Steam. They’re a big part of the competition