Viacom Sold Harmonix for Fifty Dollars

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Viacom Sold Harmonix for Fifty Dollars

Reports have emerged that the company was sold on the cheap, though debt was also transferred in Columbus Nova's acquisition.

In the month following Rock Band developer Harmonix's sale from Viacom to Columbus Nova, more details of the purchase have been released to the public. Harmonix was sold for $49.99, but along with the transfer of ownership of the developer came transfer of ownership of debt and costly assets. These costs include music licenses and the warehouse space unsold games and instruments take.

More information about the sale can be found at MediaMemo.

Comments

Matt R Staff Alumnus

01/04/2011 at 07:26 PM

I hear Columbus Nova was forced to pay Harmonix in increments of $1.99.

Jason Ross Senior Editor

01/04/2011 at 07:37 PM

That was to get their amateur workers who aren't even doing real work. Upgrading to professionals costs a little bit more.

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