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Mr_No said:
Naughty Dog for giving Crash Bandicoot to Activision

Is that how it happened though?

I was under the impression that Naughty Dog made Crash under Activision with their money and thus they parted ways with the IP once they were bought by Sony.



Nintendo is selling their IPs to Microsoft and this is true because:

http://gamrconnect.vgchartz.com/thread.php?id=221391&page=1