Exclusive AAA games for the Sony PlayStation and Microsoft Xbox have been turned into movies in recent years and they are not doing poorly at all. But before Sony and Microsoft, Nintendo had been doing the same with their known franchises like the "Super Mario Bros.," though just not in recent years and not as successful. But it seems like the Japanese brand is ready to rejoin the bandwagon.

After a disastrous 1993 "Super Mario Bros." film, Nintendo had become very protective of its brand's well-loved characters that Mario and Luigi never returned to the big screen. But there is indeed a time when everything just ties together, from comics and video games to TV shows and movies. And Nintendo is ready to embrace that.

Talking to Forbes, Miyamoto explained why his company had stayed away from movie adaptations of their games in the past years.

"We've had, over the years, a number of people who have come to us and said 'Why don't we make a movie together—or we make a movie and you make a game and we'll release them at the same time?' Because games and movies seem like similar mediums, people's natural expectation is we want to take our games and turn them into movies.... I've always felt video games, being an interactive medium, and movies, being a passive medium, mean the two are quite different."

But last year, Nintendo already started laying out the ground work for its possible re-entry to the film business. Game designer, Shigeru Miyamoto, produced three short films based on the real-time strategy game "Pikmin." The film, which starred sentient vegetables, debuted at the Tokyo International Film Festival.

He explained, "As we look more broadly at what is Nintendo's role as an entertainment company, we're starting to think more and more about how movies can fit in with that—and we'll potentially be looking at things like movies in the future."

Rumors of a live-action "The Legend of Zelda" have been in the grapevine for quite some time now. But the film has never been confirmed. Nintendo does continue to fuel the rumors and movie theories though, especially with its current partnership with Universal Studios.

Stay tuned for further updates on Nintendo movie adaptations.