Originally Posted by
Leo_A
Just to possibly clear something up, this isn't even a 3rd party game. Nintendo has funded its development, owns the game itself, and is the publisher. They're crippling the chances of their own game, not somebody else's.
Nintendo doesn't own the Fatal Frame IP. As such, I also wouldn't say that it's correct to consider this as a 1st party release like many other Nintendo published games are considered as even when they're outsourced to a non-Nintendo developer (Like F-Zero GX for a prime example; Despite the Sega connection, everyone refers to a game such as this one as 1st party). But I'd definitely consider this game as the very picture of what a 2nd party release is considered as.
Tecmo, an independently owned studio, worked under a contract from Nintendo to develop a title in Tecmo's own Fatal Frame franchise for Nintendo. Although Tecmo retains ownership of past Fatal Frame games that they developed independently and the IP itself like the Fatal Frame label (as demonstrated by the presence of Fatal Frame 1-3 in their PS2 form on the PS3's digital storefront), Nintendo owns Fatal Frame 5 itself and it's going to be a Nintendo exclusive.