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Submitted by TnS 1440d ago | news

Harmonix Earn $208.7 Million Bonus From Viacom

Media giant Viacom has its most recent yearly financial report, highlighting an additional $208.7 million in performance-based earnouts for developer Harmonix, following the success of Rock Band, published by Viacom subsidiary MTV Games.

MTV Games first acquired Harmonix in late 2006 for $175 million, making the studio part of the MTV Networks' Music and LOGO Enterprises unit, led by executive vice president Jeff Yapp. (Industry, PS2, PS3, Rock Band, Xbox 360)

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