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"I'll believe it when I see somthing official!" said those Ninties with cotten wool in their ears when the whole Rare/MS buyout thing was happening.
Well...he it is.
Taken from ign.com
"September 20, 2002 - Last week IGNcube reported that Nintendo had cut its stake in UK-based development studio Rare, and that Rare had inked a deal to become a first-party software house for Microsoft. Today Nintendo made its half of the story totally official.
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.
More as it develops."
BooHooNinties, WayHeyUs. :P
I can't wait for the "Nintendo don't need Rare/Rare are actally pretty crap" noncence that will spill from outraged nintendo fans.
Well...he it is.
Taken from ign.com
"September 20, 2002 - Last week IGNcube reported that Nintendo had cut its stake in UK-based development studio Rare, and that Rare had inked a deal to become a first-party software house for Microsoft. Today Nintendo made its half of the story totally official.
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.
More as it develops."
BooHooNinties, WayHeyUs. :P
I can't wait for the "Nintendo don't need Rare/Rare are actally pretty crap" noncence that will spill from outraged nintendo fans.
Page:
Come off it Maverick, Nintendo aren't going to get as many top titles as they would have done now, after all it was a Ninty who said "Its not Multi-Format games that sell consoles its exclusives". This cuts down Nintendo's exclusivity list in a very big way, not only that but I have read so many comments about how they can't wait for Perfect Dark Zero to beat Halo, well for all I care it can now because I will be playing it anyway!
In the words of Mantis, BoohooNinties! :)
In the words of Mantis, BoohooNinties! :)
The fact is, that's said nothing about a Microsoft buyout, and Rare may well be going multiformat, buying their shares back from Nintendo. That really doesn't tell us anything new, and if it was official, I think Nintendo would have something in their website or magazine.
Rare are no longer a necessary part of Nintendo, and Nintendo can get along just fine without them. They're a good company, but have gone downhill since their good developers left to form Free Radical Design or join Retro Studios.
All the best and good luck to them, I say, because I really don't mind what happens.
Rare are no longer a necessary part of Nintendo, and Nintendo can get along just fine without them. They're a good company, but have gone downhill since their good developers left to form Free Radical Design or join Retro Studios.
All the best and good luck to them, I say, because I really don't mind what happens.
"I'll believe it when I see somthing official!" said those Ninties with cotten wool in their ears when the whole Rare/MS buyout thing was happening.
Well...he it is.
Taken from ign.com
"September 20, 2002 - Last week IGNcube reported that Nintendo had cut its stake in UK-based development studio Rare, and that Rare had inked a deal to become a first-party software house for Microsoft. Today Nintendo made its half of the story totally official.
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.
More as it develops."
BooHooNinties, WayHeyUs. :P
I can't wait for the "Nintendo don't need Rare/Rare are actally pretty crap" noncence that will spill from outraged nintendo fans.
Well...he it is.
Taken from ign.com
"September 20, 2002 - Last week IGNcube reported that Nintendo had cut its stake in UK-based development studio Rare, and that Rare had inked a deal to become a first-party software house for Microsoft. Today Nintendo made its half of the story totally official.
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.
More as it develops."
BooHooNinties, WayHeyUs. :P
I can't wait for the "Nintendo don't need Rare/Rare are actally pretty crap" noncence that will spill from outraged nintendo fans.
Page: