Family Computer

The console was released on July 15, 1983, as the Home Cassette-type Video Game: Family Computer, for ¥14,800 with three ports of Nintendo's successful arcade games Donkey Kong, Donkey Kong Jr., and Popeye. The Famicom was slow to gather success; a bad chip set caused the early revisions to crash. Following a product recall and a reissue with a new motherboard, the Famicom's popularity soared, becoming the bestselling 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.