No. Sega owns the Bayonetta IP, so they own everything with Bayonetta in it. It's just like EA publishing Mass Effect 1 on PS3 despite Microsoft funding and publishing it at the very beginning.

Sega is renting the Bayonetta license to Nintendo, so the only question is : how long is the rental period? It's just like MH in Japan

Obviously not. If enough people would have bought the first game on PS3/X360, than Sega would have never cancelled the sequel. So this basically is down to: people really do not care enough about Bayonetta to support the game properly. But it would need to remove the Nintendo-hate-googles to admit that.

Why Nintendo funded the game is unclear, probably they do not pay as much as for the full game, as a part was already done with Segas funding. So probably Sega gets some money back for the money already spent and Nintendo gets the game cheap.

Tom Smykowski: Well-well look. I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people. Can't you understand that? What the hell is wrong with you people?

You are aware that this was a financial failure.

Oh please. The majority of the people complaining didn't buy Bayonetta 1 and don't care about the game. They are just throwing a tantrum because Nintendo is getting Bayonetta 2. The game got cancelled for 360/PS3 because the people that are bitching now, didn't buy the original. In fact, the bulk of Bayonetta sales were of the dramatically inferior PS3 version. If Nintendo didn't pick it up off the scrap heap, it wouldn't be available. I always love when people talk about company's "turning their backs on fans". Despite Bayonetta not being a big enough financial success to warrant sequel, they managed to find a publisher to fund it's production. If these so called "fans" were actual fans they'd be thanking P* for getting the game funded.

LOL @ the bolded. Sure, Nintendo sneakily bribed customers on PS360 to avoid the game, so Sega decided to cancel the sequel. Very clever Ninteninjas.

Agreee with the rest of the post. If you want to play the game, buy it.

Goldeneye 64 (Goldeneye 007) was remade for the Wii and was published by Activision. They gave up the publishing rights to "Goldeneye 007". Then, that game was ported to PS3 and 360 and called Goldeneye 007: Reloaded. Do you think it's just that impossible for the same to happen with B2? That a remade Bayonetta 2: "Complete Edition" isn't possible?

And don't have me pegged for a "port begger". I don't expect this game to come to PS3/4 or X1/360. Like I said in my original post, it will take a bunch of jumping through hoops to get this game there (either by PG getting bought out or signing on with another publisher), but also, like I said in my original post, a port is possible.

They should announce Bayonetta 3 for the Wii U just to rile them up even more. Get to financing it Nintendo. ;)

The problem is that Final Fantasy is a unique case of a famous NES/SNES-franchise switching sides and staying exclusive.

And you don't think people QQ'd about that back then? At least the reason back then was more than just financial.