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here is a good most from the mod evillore at neogaf which the reason ig to bashed for.

You're being extremely generous to the notion that the Bayonetta 2 contract has no clause preventing SEGA from porting the game, that this is something possibly overlooked or allowed by Nintendo, and seemingly implying it would be unlikely that Nintendo would pursue such a clause. And that just sounds a bit silly to me, putting far to much value on the fact SEGA legally owns the "Bayonetta" IP, as if this gives them total authority over whatever is happening with Bayonetta 2.

It's entirely possible that there's no clause in the contract stopping SEGA from issuing a Bayonetta 2 port to other platforms, but it's also possible that there is. It's not a simple as someone owning the IP and thus controlling all the games. Whoever is in ownership of the content within Bayonetta 2 plays a role in deciding where the software goes. Look at something like Rare's Goldeneye for where multi-publisher IP ownership becomes messy and isn't as simple as one dude calling all the shots.