Report: Nintendo has co-ownership of the Fatal Frame IP

http://www.vg247.com/2012/06/21/report-nintendo-has-co-ownership-in-fatal-frame-ip/

Rely on Horror reports Nintendo now has full ownership of spin-off Spirit Camera as well as co-ownership of Fatal Frame alongside Tecmo Koei.

The platform holder now has the publishing rights to any game in the franchise, which makes it unlikely we'll see a new Fatal Frame game outside of Nintendo consoles or that we'll see independent effort to bring across the patchily localised series.

Fatal Frame kicked off in 2001 on the PS2 and Xbox and spawned four core entires; the latest, Zero: Tsukihami no Kamen, releases exclusively on Wii and has not been localised. The second game is being re-released under the title Project Zero 2: Wii Edition and will arrive on June 29 longside 3DS spin-off Spirit Camera: The Cursed Memoir.

This could be good or bad news.

Playing Fatal Frame 2/Project Zero 2 (Wii) now ...& yea they definitely need to bring this series to Wii U.. its AWESOME!!!..haven't gone "oh s***! s***!!.." in a long time. :P

Loving the remake Fatal Frame 2 on Wii :) ...never played it on PS2. This game is definitely not for kids..unless you want them to have nightmares. Spooky as...have a much better atmosphere than Cursed Mountain. :)

Really really creepy Japanese horror. I loved it, from behind my bedsheets!