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Forgive if I am wrong but I always thought it worked like this.

 

Company "A" owns IP and has in house studio develop title = First party.

Company "A" owns IP and has outside studio develop title = Second party.

Company "A" does not own IP and outside studio develops title = Third Party.

 

I am pretty sure Demon's Souls is 2nd party and not first party because while SONY does own the Demon's Souls IP, they did not develop the title, From Software did and From Software is a 3rd party studio.



iPhone = Great gaming device. Don't agree? Who cares, because you're wrong.

Currently playing:

Final Fantasy VI (iOS), Final Fantasy: Record Keeper (iOS) & Dragon Quest V (iOS)     

    

Got a retro room? Post it here!