Connect with us

Hi, what are you looking for?

News

GameStop To Receive Partial Revenues Of Xbox’s Digital Sales

Last week GameStop announced they entered “Multi-Strategic Partnership with Microsoft.” This partnership would see GameStop use Microsoft’s cloud-based infrastructure for back-end sales and the use of Microsoft Surface tablets. However, there seems to have been something that got glossed over which would have a huge impact on GameStop.

Domo Capital Management President Justin Dopierala recently sat down with Ars Technica to reveal that GameStop will receive a share of Xbox’s digital revenues.

Dopierala stated:

“I received an email from [GameStop Investor Relations representative] Eric Cerny and in the email he said, ‘We are allowed to state we will receive a portion of the downstream revenue from any device we will bring into the Xbox ecosystem.’”

Anthony Chukumba, an analyst for Loop Capital, confirmed this by adding:

“The way it’s going to work is for every Microsoft Xbox console that GameStop sells going forward, GameStop will get some percentage of the revenue from every digital full game download, DLC, microtransaction, and any subscriptions as well,”

Advertisement. Scroll to continue reading.

You May Also Like

News

Nodding Head Games have announced they are developing a sequel to Raji: An Ancient Epic titled Raji: Kaliyuga. Set 6 years after the previous...

News

In an update to a piece we covered yesterday by Bloomberg, an anonymous employee has taken to the GTA Forums (and later verified by...

News

Rockstar Games have announced that Grand Theft Auto VI has been delayed yet again. The game had been scheduled for release on May 26...

News

Playstack and D-CELL have announced their upcoming rhythm adventure title UNBEATABLE has been delayed at the last minute. The game had been planned for...

Advertisement