Platinum Games is an independent studio founded by renowned Shinji Mikami, Atsushi Inaba and Hideki Kamiya, all of whom were formally key staff of the now dissolved Clover Studio. Since founding Platinum Games, they have signed a four project deal with Sega to develop four brand new IPs.
In a recent interview with Develop, Atsushi Inaba, executive producer on the recently released Vanquish, reveals that although they signed a deal with Sega, Platinum Games had "an enviable degree of freedom" when developing each title.
"When we created Platinum Games, we of course talked to a lot of publishers, and Sega offered us the most freedom to develop games. I think the partnership has been great, and I'm really grateful for their support."
When asked about new IPs versus sequels, Inaba said that the studio themselves aren't against the idea of sequels, but it isn't the focus of Platinum Games.
"So as a studio we would like to do both [new IP and sequels], but the whole point of Platinum Games is to create our own IP, that's what we do."
Platinum Games developed and released three games last year in 2009, MadWorld for the Wii, Infinite Space on DS and Bayonetta on PlayStation 3 and Xbox 360. The most recent and the last title from the Sega deal is the recently released Vanquish for the PlayStation 3 and Xbox 360.