Even if Nintendo really didn't feel like making their own console or wanted to take a hiatus for a while, as Nintendo president I'd never just grovel to both Sony and MS and just become a common third party like Sega (bleh).
That's like a Victoria Secret model just dating some random dude off the street because she broke up with her actor boyfriend. Nintendo can do much better than that.
I'd have a meeting with both Sony and MS and say we are only developing for one of you two for the rest of whatever remains for the following generation.
You will have to pay us a huge amount of cash each year for our exclusivity. You will have to let us publish our games royalty free. You will have to pay for our advertising. Oh yeah, you also have to release a special version of the XB1 or PS4 with the Wii U chipset integrated as well. This "all-in-one" will have the Nintendo and Sony/MS logo on it.
You will also have to support our future handheld and agree not to compete against us in the handheld/portable space. In exchange (aimed at Microsoft in particular) we may agree to work with you on a game enabled cell phone/tablet line, but only if the Nintendo logo is the primary brand.
So that means a Nintendo handheld with Gran Turismo/Uncharted/LBP or Halo/Forza/Fable/Killer Instinct (woo hoo) etc.
And we get all primary licensing fees from this portable platform.
Don't like the deal? OK, fine, we'll just go to the other company (Sony or MS) then. Oh we also have a meeting with Apple later on today (watch MS and Sony execs crap their pants and sign deal).
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