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S.T.A.G.E. said:

Um....yes I do, because Nintendo wanted the rights to the games and the bulk of the profits because technically it is their Name brand and the Sony add-on would only be a port. Sony tried to take the profit.

 

"The SNES-CD was to be announced at the June 1991 Consumer Electronics Show (CES). However, when Hiroshi Yamauchi read the original 1988 contract between Sony and Nintendo, he realized that the earlier agreement essentially handed Sony complete control over any and all titles written on the SNES CD-ROM format. Yamauchi decided that the contract was totally unacceptable and he secretly canceled all plans for the joint Nintendo-Sony SNES CD attachment. Instead of announcing a partnership between Sony and Nintendo, at 9 a.m. the day of the CES, Nintendo chairman Howard Lincoln stepped onto the stage and revealed that Nintendo was now allied with Philips, and Nintendo was planning on abandoning all the previous work Nintendo and Sony had accomplished." -Wikipedia

Sony, tried to screw them and leave them with shit.

I feel you neglected to read my post.
Obviously, Sony's business model was too much for Nintendo, that's not "screwing" anyone. Nintendo, instead of formally canceling the deal, showed up at the conference partnered with Phillips. That, if anything, would be "screwing" someone over. Either way, the fanboys blow it out of proportion, it was a business disagreement and nothing more.

And obviously, the rest is history. I don't think either company is too discouraged by the situation these days.