nintendo_fanboy on 15 April 2007
| bdbdbd said: Selling IP:s i good if you want to reduce your debt. That's why they usually sell them. Sony sold its IP:s for the reason of helping 3rd party (it was pretty good deal for Sony, because they didn't really lose IP:s). And Nintendo sold Rare, because M$ had bought 51% of it before, so even if Nintendo wouldn't have sold it, they wouldn't have been making games for Nintendo anyway, since M$ had the full control for Rare. It was pretty good deal for M$. |
That is right, but you miss to mention something. Before MS bought the 51 %, Nintendo had the option to buy them themself. After they did not use this option it was clear that they would have sell their 49 % to the new owner aswell.
I'm not sure yet if it really was a good idea to sell rare. Of course it was a bad deal for MS, but if Nintendo had enough money at that moment, i think it was a fault anyway. If they needed the money, the situation is different of course.
