Is The Last Story first party or third party?

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lord_of_flood said:
Last I heard, Nintendo owns The Last Story IP, similar to how Nintendo owns The Wonderful 101 IP even though that was developed by Platinum Games, a third party studio. I don't know if the ownership over that IP is clear cut though, as I've also seen people say that it's jointly owned by Nintendo and Mistwalker.

I was pretty much always under the impression that Nintendo owned the ip as well along with pandoras tower (another game id like an HD sequal too), or at least thats how I remember all the talk being about back then.

Both games were good but i felt they were being held back a bit by the wii hardware at the time. Definately think they were conceived as PS360 games and then Nintendo picked them up when something went wrong.