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Nsanity said:

He added, "[Launching a new IP] is really hard. I read something that less than 1% of console games this generation launched as new IP sold a million units. So if you don't sell a million units you lost money, basically. I'm pretty confident we'll be on the good side of that [1 million] number. I'd rather sell Gears-type numbers that'd be fantastic."

This seems really unlikely.  VGC has 2552 games listed for PS3/360/Wii  Even if we ignore the fact that most of these aren't new IPs, a lot are the same game on multiple platforms, not all games are tracked, and a lot of them are region specific versions, let's see if we can find 25 new IPs that hit 1 million.

Not sure if I should count new IPs with multiple releases, but we'll see.

Wii Sports
Wii Play
Wii Sports Resort
Wii Fit
Wii Fit Plus
Just Dance
Just Dance 2
Wii Party
Carnival Games
EA Sports Active
Wii Music
Deca Sports

Not looking good for the statement, already halfway there and this is just 2 million sellers on the Wii.

Game Party
My Fitness Coach
Game Party 2
High School Musical Sing it
Big Beach Sports
We Ski
Active Life Outdoor Challenge
Rock Band
Carnival Games Mini Golf
Red Steel
Boom Blox
Game Party 3
Monster 4x4 World Circuit
Endless Ocean
Udraw Studio

So there you go, more than 1% of all games released this generation were new IPs on the Wii that sold over 1 million.  Now to be fair, I'm not completely sure stuff like Game Party or Monster 4x4 has never had a release in previous generations, but even so, there is no way less than 1% of new IPs hit 1 million.  Plus I skipped over some licensed stuff like Disney, Hasbro, etc that I wasn't sure if I should count.

Scanning through quickly I see another 25 new IPs on PS3 and 35 on 360.  This isn't even counting games that hit 1 million across multiple platforms.

The only way I can maybe see this being right is if he is only looking at NPD numbers since that would be US only and no bundles,  Even then it seems a little unlikely.  Maybe if it was 1% of all games released in the US were new IPs that broke 1 million in their debut game.