Game On: Nintendo Switch 2 breaks launch sales records

“Game On” is The Fly’s weekly recap of the stories powering up or beating down video game stocks.

SWITCH 2 SALES: Last week, Nintendo (NTDOY) said that its Switch 2 console had sold over 3.5M units worldwide in its first four days of availability, making it the fastest-selling Nintendo hardware ever globally. Meanwhile, Famitsu (SONY) PlayStation 2, with just over 630,000 systems sold in its inaugural week.

Meanwhile, Circana’s Mat Piscatella said that the Switch 2 has set a new all-time launch week record in terms of unit sales for gaming hardware in the U.S., with over 1.1M consoles sold during the week ending June 7, 2025, excluding sales from the My Nintendo Store. The prior record was held by Sony’s PlayStation 4, Piscatella added. The Fly notes that the Switch 2 was first released on June 5, 2025 and that previous Switch console has sold over 152M units as of March 31, 2025.

SAG-AFTRA: The Screen Actors Guild-American Federation of Television and Radio Artists, or SAG-AFTRA, and the major video game labels have reached a tentative deal on the terms for the Interactive Media Contract, Jennifer Maas and Jack Dunn of Variety (MSFT), Blindlight, Disney Character Voices (DIS), Electronic Arts Productions (EA), Epic Games, Formosa Interactive, Insomniac Games, Take 2 Productions (TTWO), and WB Games (WBD). Investors in Epic Games include Tencent (TCEHY), KKR (KKR), Disney, and Sony.

TAKE-TWO/NBA: The National Basketball Association, National Basketball Players Association, and 2K, a wholly owned label of Take-Two Interactive Software and publisher of the “NBA 2K” video game series, announced they have agreed in principle to terms for a new multiyear global partnership expansion. In addition, 2K has also agreed in principle to terms to extend its longstanding relationships with the NBA G League and USA Basketball. As part of the ongoing partnership, the NBA and Take-Two Interactive are also launching NBA Take-Two Media, a “modern entertainment company that will bring fans and players together through competitive gaming, social-first content, original programming and live events.”

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