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Taken from IGN.com:
Earlier this morning Nintendo issued a press release stating that it had cut all development ties with Rare. The firm said it had sold its 49-percent share in the former second-party. Nintendo further explained that the decision reflected a restructuring move and a new partnership philosophy.
"Nintendo had the ability to continue its exclusive relationship with Rare, but in looking at the company's recent track record, it became clear that its value to the future of Nintendo would be limited," said Peter MacDougall, executive vice president, sales and marketing, Nintendo of America. "In other words, we passed on this opportunity for very good business reasons."
The Nintendo release went on to reiterate the fact that Rare software sales accounted for only 9.5-percent of Nintendo sales in fiscal year 2001 and only 1.5-percent in fiscal 2002.
Nintendo stated that it would retain the rights for all original properties including Donkey Kong, Diddy Kong and Star Fox. It made no comment on whether or not Rare would retain the Perfect Dark and Conker's Bad Fur Day licenses.
The company said that game development is ever changing and that the selling of Rare will afford Nintendo more opportunities with other studios. "The disposition of this investment leaves us in a position to become even more aggressive in expanding our development capacity, both internally and externally," MacDougall noted. "Aside from several partnerships already announced over the past year, we are currently in similar talks with several other prospective partners around the world."
Finally, the release noted that though Nintendo's relationship with Rare has come to an end, Nintendo still respects the giant software house. "Although we declined the opportunity to continue our exclusive agreement with Rare, this announcement does not diminish our respect for their work or the past contributions they have made to Nintendo," stated MacDougall.
Earlier this morning Nintendo issued a press release stating that it had cut all development ties with Rare. The firm said it had sold its 49-percent share in the former second-party. Nintendo further explained that the decision reflected a restructuring move and a new partnership philosophy.
"Nintendo had the ability to continue its exclusive relationship with Rare, but in looking at the company's recent track record, it became clear that its value to the future of Nintendo would be limited," said Peter MacDougall, executive vice president, sales and marketing, Nintendo of America. "In other words, we passed on this opportunity for very good business reasons."
The Nintendo release went on to reiterate the fact that Rare software sales accounted for only 9.5-percent of Nintendo sales in fiscal year 2001 and only 1.5-percent in fiscal 2002.
Nintendo stated that it would retain the rights for all original properties including Donkey Kong, Diddy Kong and Star Fox. It made no comment on whether or not Rare would retain the Perfect Dark and Conker's Bad Fur Day licenses.
The company said that game development is ever changing and that the selling of Rare will afford Nintendo more opportunities with other studios. "The disposition of this investment leaves us in a position to become even more aggressive in expanding our development capacity, both internally and externally," MacDougall noted. "Aside from several partnerships already announced over the past year, we are currently in similar talks with several other prospective partners around the world."
Finally, the release noted that though Nintendo's relationship with Rare has come to an end, Nintendo still respects the giant software house. "Although we declined the opportunity to continue our exclusive agreement with Rare, this announcement does not diminish our respect for their work or the past contributions they have made to Nintendo," stated MacDougall.
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Oh who really cares anymore, Rare are going to Microsoft, get it over it.
I bet you my copy of Doshin they do.
I bet you my copy of Doshin they do.
What do you want me to do about it? kill myself?
Some workers will leave, i would im like that,opnion rules money doesnt, unless your in the gutter i suppose.
Also i dont think this will affect the XboX orGC that much.
People who have the GC will be happy with the games on it, SMS proving that.
Plus theres more adventure and shooters by other developers.
As for the Xbox i know a few people will buy it becuase of Rare but is one, maybe 2, developers a good enough reason to buy an Xbox?
Some workers will leave, i would im like that,opnion rules money doesnt, unless your in the gutter i suppose.
Also i dont think this will affect the XboX orGC that much.
People who have the GC will be happy with the games on it, SMS proving that.
Plus theres more adventure and shooters by other developers.
As for the Xbox i know a few people will buy it becuase of Rare but is one, maybe 2, developers a good enough reason to buy an Xbox?
Who cares, Rares gone! Big Deal. They only produced a few games, but they are class like Starfox,
but look ahead the futures bright, the futures Purple!.
There are great games coming out from other franchisers.
but look ahead the futures bright, the futures Purple!.
There are great games coming out from other franchisers.
Maverick42 wrote:
> Psh.. I'll wait until I hear something official. Why isn't this on any
> of Nintendo's websites? NOM will have something next issue. Until
> then, everything I hear (ESPECIALLY from IGN) can be lies for all I
> care...
>
> Plus, who said anything about Microsoft?
It's a Nintendo press release, they never post it on their website not for a while at least. IGN tell the truth, they also say rumours but say they are rumours. THIS IS OFFICIAL!
> Psh.. I'll wait until I hear something official. Why isn't this on any
> of Nintendo's websites? NOM will have something next issue. Until
> then, everything I hear (ESPECIALLY from IGN) can be lies for all I
> care...
>
> Plus, who said anything about Microsoft?
It's a Nintendo press release, they never post it on their website not for a while at least. IGN tell the truth, they also say rumours but say they are rumours. THIS IS OFFICIAL!
The only thing I'll honestly miss is the Banjo series, they were amongst my few favourite games ever, don't really care much about Perfect Dark to be frank.
Didn't like the original Rare team who done Goldeneye and Conker? Leave anyway?
Didn't like the original Rare team who done Goldeneye and Conker? Leave anyway?
Until I hear rock solid information stinking of Nintendo's official seal, I'm keeping an open mind.
It won't be a huge loss for Nintendo, after all, Rare aren't that good any more, what with the split up.
It won't be a huge loss for Nintendo, after all, Rare aren't that good any more, what with the split up.
Starlight wrote:
> Didn't like the original Rare team who done Goldeneye and Conker?
> Leave anyway?
Yes, they're making Timesplitters 2 now.
> Didn't like the original Rare team who done Goldeneye and Conker?
> Leave anyway?
Yes, they're making Timesplitters 2 now.
IGN also revealed today that Microsoft have COMPLETELY bought rare, making them a first-party. Now Microsoft has rights to Banjo-Kazooie, Perfect Dark, Conker and Kameo. Bit of a bugga. But then I doubt all of those games'll have been released by the time Xbox 2 comes out : ).
first party? They'll probably make them make a game called 'shalo' to boost the sales
I was really looking out for PD Zero. i guess Timesplitters 2 will have to take its place, which might not be so bad, its shaping up rather nicely.
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