There have been some reports that the next game console by Microsoft will not allow players to play used-games. To GameStop CEO Paul Raines, he thinks it unlikely that publishers and manufacturers will ignore $1.2 billion in pre-owned sales.
“We think it’s unlikely that there would be that next-gen console because the model simply hasn’t been proven to work,” said Raines. “Remember that used video games have a residual value. Remember that GameStop generates $1.2 billion of trade credits around the world with our used games model. So, consider taking used games out of that, you’d have to find new ways to sell the games, and our partners at the console companies have great relationships with us.”
“What we’ve done is created a way for that new leading edge consumer to dispose of their old games and that’s what creates this great circle of life we talk about that so many try to imitate,” he added.
