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Kihniö said:
If i remember correct back in 1993 Sony was developing CD system on Nintendos new console, which later became N64..
Their contract cancelled because Nintendo didn´t believed yet on Cd´s.So Sony made its own console and rest is history..

So if N64 had CD´s Sony Playstation didn´t maybe even exists..on its current form..
Well. This is only talk..

In fact, it was for the SNES, not the N64, and it was canceled because Sony wanted rights on the games and profits.