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happydolphin said:
pokoko said:

Then how the fuck did they miss that?  If they are so protective, how do the approve that agreement and then not notice it for years?  How can it be a "fast one" if it was there from the very beginning?  If they DID NOT have a team of lawyers analyze ANY contract then they are morons, plain and simple.  You don't just miss a "hidden clause" that gives away the rights to your property.

This isn't adding up whatsoever.

Actually, the more I look into it, the more this "hidden clause" thing seems like nonsense.

It is a known fact that Sony wanted to own the rights to Nintendo's IPs. Nintendo, it is a fact, holds to its IPs like a hen with its chicks. It is a fact that Nintendo would not take this lightly. A FACT.

So, if Nintendo agreed to the contract, it is either due to negligence (highly unlikely), or due to a very inscrupulous clause in the contract (VERY likely).

I don't want your "known fact" line unless you can prove it.  Right now, give us proof that what you're saying is true, that Sony did something unethical, because I can't find it anywhere online.

In fact, contrary to what has been said in this thread, I can't find anything about Sony owning Nintendo IPs, only that they would have licensing control of the SNES-CD disc format.

"This humiliating turnabout enraged Sony president Norio Ohga, but though it seemed sudden from the outside, problems had been boiling between the two companies for some time. The main issue was an agreement over how revenue would be collected – Sony had proposed to take care of money made from CD sales while Nintendo would collect from cartridge sales, and suggested that royalties would be figured out later. “Nintendo went bananas, frankly, and said that we were stepping on its toll booth and that it was totally unacceptable,” explains Chris Deering, who at the time worked at Sony-owned Columbia Pictures but would go on to head the PlayStation business in Europe. “They just couldn’t agree and it all fell apart.”"  --  http://www.edge-online.com/features/making-playstation/

 

"The day after Sony announced its plans to begin work on the Play Station, Nintendo made an announcement of its own. Instead of confirming its alliance with Sony, as everyone expected, Nintendo announced it was working with Philips, Sony's longtime rivals, on the SNES CD-ROM drive. Sony was understandably furious.

Because of their contract-breaking actions, Nintendo not only faced legal repercussions from Sony, but could also experience a serious backlash from the Japanese business community. Nintendo had broken the unwritten law that a company shouldn't turn against a reigning Japanese company in favor of a foreign one.

 However, Nintendo managed to escape without a penalty. Because of their mutual involvement, it would be in the best interests of both companies to maintain friendly relations. Sony, after all, was planning a port for SNES carts, and Nintendo was still using the Sony audio chip."  --  http://www.ign.com/articles/1998/08/28/history-of-the-playstation

All I can gather from what I find online is that Nintendo went looking for a better deal.  Everything else just sounds like excuses.