Nintendo Famicom Console (Famicom)
The Famicom or Family Computer was released on July 15, 1983, for ¥14,800 (equivalent to ¥18,400 in 2019) with three ports of Nintendo's successful arcade games Donkey Kong, Donkey Kong Junior., and Popeye The Famicom was slow to gather success; a bad chip set caused the early revisions to crash. Following a an Initial Product Recall and a reissue, the Famicom's popularity soared, becoming the best-selling game console in Japan by the end of 1984.
Nintendo launched the system with only first-party games, but after being approached by Namco and Hudson Soft in 1984, agreed to produce third-party games for a 30% fee for console licensing and production costs. This rate continued in the industry for consoles and digital storefronts through the 21st Century.
