BBY News & Events

Sid Shuman, Senior Director, Sony Interactive Entertainment (SONY) Content Communications, said in a blog post: "As consumer preferences and the broader entertainment industry continue to shift away from physical discs to digital, physical game disc production for all new games releasing on PlayStation consoles will be discontinued starting January 2028. Following this date, new games will be available on PlayStation Store and at retailers in digital formats only. This transition has no impact on games that already released, or will be releasing, prior to January 2028 in disc format. This is a natural direction for Sony Interactive Entertainment to adapt to consumer trends as the general preference for digital media significantly outpaces physical discs. This transition will enable us to align more closely with how most of our community prefers to access and play games today. We'll continue to prioritize our resources to drive innovation in how players can access games and provide choices as to where players prefer to purchase new games, whether that's at retailers or PlayStation Store. We remain committed to delivering a world-class gaming experience to our fans and we thank you for your continued support." Physical game disc retailers include GameStop (GME) and Best Buy (BBY).

The company states: "Best Buy announced that Matt Bilunas will step down as Chief Financial Officer and depart the company at the end of July. Best Buy has engaged an external search firm for its next chief financial officer and expects to name a successor with previous CFO experience. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the transition if needed. Bilunas served as CFO for the last seven years, working hand in hand with Barry and Bonfig to navigate a range of challenging environments to help generate the momentum driving Best Buy and its business today."

Perion (PERI) announced a strategic partnership with Best Buy Canada (BBY). The retailer has selected Perion as its end-to-end technology partner to power the monetization of its programmatic in-store digital signage network. Key Strategic Partnership Highlights - Market Expansion: This partnership expands Perion's footprint in the growing Retail Media ecosystem by transitioning Best Buy Canada's in-store media to a programmatic-first retail media model. Full-Stack Adoption: Best Buy Canada is deploying Perion's suite - including Ad Server, SSP, and Header Bidding technologies. Yield Optimization: Moving from traditional "loop-based" signage to Perion's dynamic, impression-level decisioning engine allows Best Buy to drive higher yield and improved monetization efficiency