Nintendo, the Japanese videogame maker, is now eyeing the movie business for the company’s growth. It has been eyed by speculations that Super Mario Brothers and the Legend of Zelda films may be in the works. Makoto Wakae, company spokesman, stated on Monday that the details are still undecided but their upcoming works might mean for a theater or DVD release.
Nintendo Company is Looking at the Film Industry for Growth
Nintendo, which is also known for making the Wii U home gaming system as well as the 3DS hand-held device, has already been known to have licensed characters in the past, which included the list of Pokémon movies. However, it is now thinking about making its own film content. There are some fans that are fearing that the gaming company will become a full-fledged movie studio, but it won’t. However, filmmaking is an area that it has chosen for their future investments. This is in light after the proceeds from selling their stake in the major league Seattle Mariners, which is planned for later this year, according to the company.
Asahi, a Japanese daily newspaper, reported on Monday that the videogame company might be going for the path of 3D animation rather than live-action films. In the publishing, it stated that Nintendo Company is in talks with various film firms with a possible partnership. Wakae stated that there will be an announcement that will be made. However, the details regarding the Mariners sale has not yet been announced.
The company has seen its growth stagnate in recent years with the growing competition of smartphones and other devices. With their upcoming investment on film, it could very well revive the interests towards their franchise which would include The Legend of Zelda. The firm reported a 23-billion yen ($216-million) loss for the period of January to March, which is a bigger loss than the one reported from the same year-ago period. For the fiscal year that ended in March 31st, it earned 16.5-billion yen ($148-million), which was down by 61-percent from the previous fiscal year.
Recent sales pertaining to the Nintendo home gaming system the Wii U are seen to be lagging behind rivals, specifically speaking that of Sony’s PlayStation 4 and Microsoft’s Xbox One. The sales figures even included the key year-end holiday shopping season. After years of not taking a look at the smartphone industry, the Japanese gaming firm went and did a 18-degree turn and entered a partnership with Japanese mobile game company DeNa Co..