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In 2007, GameStop acquired Rhino Video Games, who operated 70 video game stores throughout the Southeastern United States, from Blockbuster for an undisclosed amount. [27] [28] In April 2008, GameStop acquired Free Record Shop's 49 Norwegian stores. [29] In October 2008, GameStop acquired Micromania, a French video-game retailer, for $700 million.
Shares were already up before the announcement, buoyed by the company's steps towards making major changes led by activist investor Ryan Cohen.
The most common reasons for CEO departures were "stepped down" (551), "no reason given" (496), retirement (445), new opportunity (148), and resignation (124). In addition, 95 CEOs left after their ...
Deloitte predicts that the share of theatrical box office revenues from video game intellectual property (IP) will double by 2025. Additionally, most major video streaming platforms are expected to include shows based on popular games. [169] Another report by GlobalData suggests that the video games market could become a $300 billion industry ...
Ryan Cohen (born 1986) [1] is a Canadian entrepreneur, business executive and activist investor. [2] [3] He founded e-commerce company Chewy in 2011, and was the company's chief executive officer (CEO) until 2018.
Game Informer (GI) [a] was an American monthly video game magazine featuring articles, news, strategy, and reviews of video games and game consoles. It debuted in August 1991, when the video game retailer FuncoLand started publishing an in-house newsletter. [5] [6] It was acquired by the retailer GameStop, which bought FuncoLand in 2000. Due to ...