Platinum Games' Bayonetta 2 director Yusuke Hashimoto has spoken positively about the studio's partnership with Nintendo, and expressed a desire to do so again with future instalments "if possible".
The creator of the Bayonetta franchise Hideki Kamiya appeared in an interview and discussed the plans for the future of the series.
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Bayonetta's character design and abilities have changed a lot since the series debuted in 2009, with new costumes and dark arts in every title.
If Bayo2 can sell well enough, I don't see why Nintendo wouldn't want to help fund another one. That being said, if Nintendo is really serious about this, they better start thinking about marketing the heck out of this game.
This game wouldn't even be on any console if it weren't for Nintendo. True gamers should be happy it showed up on any console considering it wouldn't even be there at all otherwise.
If it sells (especially Wii Us) sure. That would be a safe bet. If it doesn't I doubt Nintendo will invest in a sequel. This is Bayonetta's last chance as an ip. Nintendo seem to be the only ones willing to invest at the moment (hence exclusivity) because it didn't do spectacular numbers with Bayonetta
That's a lot of ifs. Hoping Bayonetta 2 does well enough to warrant a sequel, but I'm not sure if the Wii U is the right system to get the job done (sales wise).
Lets see how part 2 sells first shall we?