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thekitchensink said:
Who publishes it has nothing to do with it. MS published Bioshock, but they do not own 2K Games.

 This is a bad example and not the norm. MS basically paid for the exclusivity on consoles for this game. Part of that deal was full financing and publishing. Essentially Bioshock could be considered a 2nd party game while 2k is definitely a 3rd party company, as they are not financially bound to any one company like Rare or Retro Studios.