I'm calling BS on this. At worst Bayonetta 2 would not happen NOW, but it would happen eventually. Most likely they Sega shopped it around, took bidders, and Nintendo paid the most. Other backers probably didn't think such a niche title was worth it, and they are probably right.
I'm happy to see the series continue but it's not my type of game. I played the demo and didn't care for it. What I think is strange is that Platinum took Nintendo's money while knowing it would alienate almost all the fans of the original. Most with only a Wii never played the original and most with only a PS360 aren't going to buy a Wii U just for Bayonetta 2. It's weird and regardless of how Platinum spins it I think the game would have been funded and published as a multiplatform game eventually.
