Oh.
W101 is an old port of an IP co-owned by Nintendo and Platinum.
Bayo 3 is a full new game announced as a full exclusive (not something like FF7R or Nioh for example), with the IP being owned by Sega and the game being owned by Nintendo.
The W101 news/rumor is linked to Platinum getting money from Tencent to self-publish their games. Which is unrelated to Bayonetta.