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1st party= Stuff a console owns that has no chance of being on other systems. like mario/zelda will never leave nintendo, gran turismo and such will never leave sony, halo,forza never leave microsoft
2nd party= Companies that arent owned by the big 3 but contracted to do exclusives so long they may as well be 1st party, but can leave. Like for instance Insomniac was 2nd but now 3rd party
3rd party= companies that make games for everyone(sometimes will sign exclusive contracts for certain franchise) example EA, Capcom, Ubisoft are all 3rd party
Nintendo if you look back over the years has been sorta lacking in the 3rd party department. They need to go out and get those games, get a saints row on wii u , gta , mainline FF, mainline resident evil..ect
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