I completely agree.
Pursuing Western 3rd Parties and Multimedia would be a futile exercise.
I wouldn't say that. Nintendo should really try to do everything they can to get back some EA support ..with mainstream things like FIFA/Madden/Star Wars at least.
It's one to miss out on big gaming franchises like COD and GTA... but losing all the sports games and big licensed titles is even more damaging.
There are things Nintendo can do to win back 3rd party support without having to pay. Waiving license fees for certain key titles/ giving free use of their characters for key titles etc.