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What they need to do is build a big stable of second-party developers. Studios like Platinum are ripe for such positions. They're free to work a bit on other systems, if they like, but always keep a steady stream of money and projects for them to work on for Nintendo systems.

No need to actually buy the studios unless they're seriously interested in becoming first-party. But if Nintendo is the first publisher they take game ideas to, then all the better for Nintendo.