Well, Platinum has non only a reputation of making original games but also of making violent/mature games, something than Nintendo lacks (on purpose).
It would be a weird combination, that's for sure, but if Platinum remains as "Platinum" and not "Nintendo team #", they could still be perceived by most as an independent developer while the family image that Nintendo has tried to keep would be safe.
Hell, they could even make a deal so their new IPs are first offered to Nintendo who will decide if they are interested in funding it and make it exclusive to their console or, in the case that they are not interested, allowing them to look for another publisher. And at the same time it would allow Platinum to work in external projects like Metal Gear or whatever they are offered to work with. It's a win-win situation for both.
Please excuse my bad English.
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