I personally see Nintendo's line up as having an "A" list and a "B" list. The A list I think can hold the AAA moniker while the B list is filler-ware that less people get hyped for and/or games that have the production values that an indie studio could easily do.
"A" list games I consider are the standard Mario/Mario kart, Zelda, Pokemon sequels we've all seen for generations. They sell well, typically have high(er) production values, and usually only come out once every 4-5 years.
The "B" list is in-between those 5 year "A" list releases. Games like Mario tennis/golf, ARMS, splatoon, captian toad, Kirby, Mario Party, labo, hyrule warriors. These game aren't usually mention as reasons to own something Nintendo, they're released as padding in-between bigger releases.
Dread is being marketed as an "A" list game because they need a holiday filler game. I think it looks like an indie sidescroller. If you took out the metroid name and likenesses from Dread and substituted it with something else, I'm positive it would be dismissed as another indie game with low production values.
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