Sony anti-used game patent leads to GameStop stock plunge

4.7
GameStop's stock price dropped six percent on Thursday following reports that new technology patented by Sony could eliminate the pre-owned games market.

The technology - which tags individual game copies with information about previous use - could potentially be used to restrict the use of a game to one machine or user account. This could mean bad news for the US retailer - a major player in the pre-owned market.
The market responded to the news with selloffs of GameStop shares, resulting in the retailer's share prices falling by $1.57 to $24.09.

Michael Pachter of Wedbush Securities moved to appease investors, claiming Sony would be unwise to implement the technology to its full potential. "Sony would be materially hurt if its console blocked used games and competitor consoles from Microsoft and Nintendo did not," Pachter wrote in a note to investors.

"We think the reaction is overblown," he continued. Indeed, SCEA CEO Jack Tretton is reportedly against moves to implement technology designed to block used games.

Elsewhere, an analyst for Janney Capital has noted a similar pattern in the lead up to the PS3's launch.

Posted:
Related Forum: PlayStation Forum

Source: http://www.computerandvideogames.com/385005/sony-anti-used-game-patent-leads-to-gamestop-stock-plunge/

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"Sony anti-used game patent leads to GameStop stock plunge" :: Login/Create an Account :: 105 comments

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SOGPosted:

That's really all they want, wow.

CentPosted:

All about the money is all.

WTAFPosted:

ME0W
Efficient Why would sony do that? useless


To make more money, and it's going to blow up in their faces.


I hope it does.

Big-FootPosted:

Money.

WTAFPosted:

xOsGDuckyx
Efficient Why would sony do that? useless


It's all about the money money money


so true

xOsGDuckyxPosted:

Efficient Why would sony do that? useless


It's all about the money money money

SynybunPosted:

Efficient Why would sony do that? useless


To make more money, and it's going to blow up in their faces.

neboPosted:

Why would sony do that? useless

MoanPosted:

xXopticsXx
unl3a5th3bea5t
-Syn
GBE It is really hard to get a game messed up on PS3, Idk why but I wish Xbox was like that.


None of my games have ever broke for my 360, just be careful with them.


He means how if u pick up the Xbox with a disk in its **** and that doesn't happen with ps3

Ive picked up my xbox with the disc in it plenty of times and nothing happens, Be careful



It only ruins the game if the xbox is on and the game is spinning, which makes sense why it would ruin the disk.

gtapro151Posted:

Mimz
xEpicx_Smurf
HDITeRRoRiZeI
yo2434
gtapro151 if they do this i wont be getting ps4 like i planned guess ill be stuck witch shitbox and buying 7 of them again....


your attempt at saying xbox has more failures is somewhat funny,im not sure if you saw but a few months ago on here there was a news feed that showed the failure rates of xbox and ps3 had become the same.ps rrod=ylod...


Its not a attempt its a fact that all the white xboxs went to shit. We should not have to buy 3-4 white ones till they finally got it right with the slim!! I have had plenty of both systems needless to say my slim is 3 months old and now starting to have problems reading discs...."disc unreadable". (still have my first ps3 by the way) I never play ps3 just saying....


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