April 26, 1995
Panasonic ditches 3DO for Nintendo
Sunday, April 9th Panasonic revealed that they have cut ties with the 3DO Company and have struck a deal with Nintendo. Though they haven't revealed the contents of the deal. Industry insiders claim that Panasonic is set to make the CD drive for an upcoming Nintendo console. Panasonic's line of FZ-1 and FZ-10 REAL 3DO consoles are set to be discontinued by November. Reasons for leaving 3DO are said to include of lower than expected sales and the lack of viability. 3DO founder Trip Hawkins has said, "Losing Panasonic is a unfortunate loss, but it's something we'll have to deal with."