Viacom Owes Rock Band Creators A Lot Of Dough

Viacom is regretting purchasing Rock Band creator Harmonix. Arbitrators ruled that Viacom owes Harmonix shareholders $383 million. Viacom purchased the company so MTV and VH1 could hop on the Guitar Hero bandwagon. Viacom initially payed $150 million bonuses to shareholders after purchasing Harmonix. But due to high production costs, Viacom couldn’t profit from 10 million Rock Band units […]