This type of deal I could see happening. Not "really" third party but something that works well for both sides. For example:
Microsoft gets:
- 2 or 3 Nintendo IP per year of Nintendo's choice. 1/3 can be a port of an older game.
- Switch can inteface with XBox and play XBox games around the house portably.
- Ability to make a Nintendo-themed XBox hardware bundle/branding, specifically for Japanese market.
- Some Nintendo Virtual Console games ... again of Nintendo's choosing.
Nintendo gets:
- 100% of profit from their XBox games (no licensing fee charges)
- Halo Switch, Banjo-Kazooie Switch, Killer Instinct Switch, Gears of War Switch, etc.
- Minecraft x Nintendo cross over game and Minecraft Amiibo (shared profit)
- Free marketing from Microsoft
- Big, fat money hat every year from Microsoft
- Potential to have control over XBox brand if MS wants to move out of game business.
Win-win deal for both sides.
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