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RolStoppable said:

Yes, Sony bought themselves into the market by securing important established third party franchises (like Final Fantasy) and getting exclusivity for newly created hit franchises too, like Tomb Raider and Resident Evil which both started as multiplatform games.

Nintendo didn't buy themselves into the industry, because at the time the NES was launched in America, videogames were dead and thought to have no future. However, after becoming marketleader, Nintendo put pressure on third parties to stay #1 (either develop games exclusively for Nintendo systems or don't make any games at all for Nintendo which was a big risk back then because Nintendo held such an enormous console marketshare).

 

While Sony has definitely done their fair share of moneyhatting, that's only a small part of it.

The massive shift in third-party support from Nintendo to Sony has mostly to do with the latter having a larger install base and better sales all around, lower development costs, and the fact that Nintendo didn't exactly give third-party developers the best treatment available.



 

Consoles owned: Saturn, Dreamcast, PS1, PS2, PSP, DS, PS3