• 11Nov

    Viacom selling Harmonix

    Announced today along with their Q3 earnings report, Viacom has stated that they will be looking to sell Harmonix based on the sales drop. Listed as a “discontinued operation” next to a $299 million writedown, it’s clear that Viacom is ready to offload the company. Music game sales haven’t been doing as well as they once did, but there are still loyal consumers out there who love playing Rock Band and still buy the DLC who are very concerned about what impacts a potential sale will have.

    A Viacom Spokesperson has released the following statement:

    As announced this morning, Viacom plans to sell Harmonix and have reclassified Harmonix to a discontinued operation. However, this announcement does not affect the ongoing work at the studio as they continue to support Rock Band and Dance Central. Viacom’s decision to exit this business reflects our strategy of focusing entirely on what they do best: make great branded entertainment content and deliver it through a variety of platforms. Harmonix has and will continue to create terrific video games. But for us, it is about focus. Viacom is in discussions with several potential buyers and will continue to fully support the business until a sale is completed.

    A forum thread was also started for players to ask questions and Harmonix to respond to concerns that loyal fans may have.

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  1. [...] with one of its conveniently-named partners, Harmonix-SBE Holdings, LLC, not even two months after Viacom announced they’d be selling the developer. That’s pretty quick. Basically, they’ve invested money (no specifics on how much, [...]

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