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JRPGfan said:

Does Nintendo own PlatinumGames?
Does Nintendo own the IP Bayonetta?

If no, serious question.... but why cant it come to the PS4?
If yes, then okay understandable.

Wasnt the first game on Xb360, PS3? as well.

With funding them, Nintendo probably also acquired the publishing rights for Bayonetta 2 and 3. So while Nintendo doesn't hold the rights to the games themselves, they decide where they get published