GameStop Stock Prices Tumble After Sony Announces Pre-Owned Game Blocking Tech

GameStop Stock Prices Tumble After Sony Announces Pre-Owned Game Blocking Tech

After tossing a match into the methane filled room that is the Internet, Sony has already induced its first act of collateral damage after their patenting of pre-owned game blocking technology.

Granted GameStop isn't the most loved outlet in the hard-copy sales landscape, some would say they're essentially a retail extension of the seventh circle of hell, but this has to sting all the same. After yesterdays' patent filing announcement from Sony, GameStop saw their stocks drop $1.57 to $24.09 following the news. 

A six percent drop in the value of your stock is nothing to sneeze at. If Sony won't listen to the consumers about how terrible an idea this is, maybe they'll listen to the sound of Microsoft and Nintendo ringing their cash registers in the next-gen console life cycles. Let us know what you think about all of this over on Twiiter.

Tags: sony-playstation-3, game-stop, video-games, video-game-industry, sony-playstation-4
blog comments powered by Disqus