Nintendo not holding traditional E3 press conference this year?

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S.T.A.G.E. said:
Nintendo Directs are not helping....at all. They need to go big with the press conferences.

They are helping. The January ND for Wii U showing Monolith Soft's X did a great job of generating much needed excitement. This past 3DS one did the same for that system with games like Yoshi's Island, Link to the Past 2, and Bravely Default.