GameStop shelves plan for unlimited game rental subscription service

Share

But it appears, at the very least, that GameStop isn't giving up on its program just yet.

GameStop released a statement that says the program has been "temporarily paused" due to "system glitches" that they had found in early releases of the program.

GameStop announced a used game subscription service in late October that sounded nearly too good to be true. The retailer confirmed that it had halted the initiative in a statement, citing "a few program limitations we have identified" as the cause.

PowerPass was slated to launch on November 19, though Mooring's statement indicates that some people have already purchased the service.

Hasbro, Inc. (HAS) Reportedly Mulls Mattel Acquisition
But, the deal could be an opportunity for Mattel, which has struggled financially in recent years. Hasbro, Inc. shares closed at $91.45 on Friday, up $2.76 (+3.11%).

Per Kotaku, anyone who already bought into GamePass can bring back their pass and any game they rented for a full refund. Once you return the game you can then check out another one.

The retail chain told employees yesterday to pull down all signage involving the program and store it in their backrooms, according to two GameStop staff. For $60 (the price of one new video game), you got six months worth of access to any pre-owned games in the store, with the stipulation that you could only rent one at a time. Kotaku references employees who speculated that GameStop's computer infrastructure couldn't handle the program. In fact, GameStop has given no indication when or if PowerPass will be resuscitated.

In a statement provided to GameSpot, the retailer said it made a decision to "temporarily pause" the launch of the subscription service due to "a few program limitations" that GameStop discovered. "We feel this is the right thing to do for now to ensure we are able to provide our guests an exceptional service", GameStop told Kotaku. As well, those existing PowerPass customers are also being given a free pre-owned game to make up for the spontaneous change of plans.

Share