Harmonix shareholders brought their own suit against Viacom last year on a related topic. They actually claimed Viacom owed more in earn-out payments from the sale of Rock Band games. Both parties can't be right!
Viacom suing former Harmonix stockholders for over $131 million
by JC Fletcher 
on Sep 20th 2011 6:48PM
21
Harmonix shareholders brought their own suit against Viacom last year on a related topic. They actually claimed Viacom owed more in earn-out payments from the sale of Rock Band games. Both parties can't be right!
Reader Comments (21)
Posted: Sep 20th 2011 6:53PM Marco le Polo said
"Check them again." -Bruce Wayne.
Posted: Sep 20th 2011 7:00PM The Blank Mage Returns said
@Marco le Polo "OBJECTION!" -Phoenix Wright.
Reply
Posted: Sep 20th 2011 7:00PM Halwende said
If I was judging their case I'd order two sets of Rock Band set-up in the courtroom and make their lawyers "play-off" for it, highest scrore wins
Posted: Sep 20th 2011 7:06PM (Unverified) said
"Oops, give us our money back."
Posted: Sep 20th 2011 7:07PM (Unverified) said
$149,770,149 - $131,000,000
= $18,770,149
Dear lord, how does someone mess up that badly with their math?
= $18,770,149
Dear lord, how does someone mess up that badly with their math?
Posted: Sep 20th 2011 7:31PM Shadowbender said
@(Unverified)
Not as much as a mathematical problem as it a glitch in The Matrix. Don't look for a black cat, tgis is a different kind of glitch. Actually, shady business happenings is pretty deja vuey, so...
Reply
Not as much as a mathematical problem as it a glitch in The Matrix. Don't look for a black cat, tgis is a different kind of glitch. Actually, shady business happenings is pretty deja vuey, so...
Posted: Sep 20th 2011 7:32PM ChillyWilly said
@(Unverified)
Going to post the same thing. They need to fire every accountant at the place if they owed $18mil in dividends, but accidentall overpayed by $131 mil. Wow!
Reply
Going to post the same thing. They need to fire every accountant at the place if they owed $18mil in dividends, but accidentall overpayed by $131 mil. Wow!
Posted: Sep 20th 2011 7:16PM MarkHawk said
I'm actually opening up my own lawsuit. I estimated I'd spend 332.00 dollars in cost after all 3 games and DLC but in reality it cost well over 1200.00+ after iON drum sets, lazers, a few mics/guitars and over 1000 DLC songs. I'm not sure what I am looking for... I'd settle for a night out with John Drake.
Posted: Sep 20th 2011 7:18PM Tradio said
really shows how Viacom & Harmonix HAD NO CLUE that this genre was gonna tank sharply.
Posted: Sep 20th 2011 7:18PM austin43 said
So because your estimated earnings didn't live up to what you thought, you now want your money back? Sound like Viacom got a bit overzealous with the success of Rock Band and now is backpedaling.
Posted: Sep 21st 2011 10:12AM ChaseHammerJ said
@jsx92
yep, cant go up against Nickelodeon with SpongeBob as their lawyer.
Reply
yep, cant go up against Nickelodeon with SpongeBob as their lawyer.
Posted: Sep 20th 2011 7:20PM ch3burashka said
Is this the second time Viacom is asking for money back, or are we talking about the same incident? Either way, this is highly unprofessional from either perspective - either they screwed up immensely, or they're actually trying to go back on an agreement that they settled with the stockholders.
Posted: Sep 20th 2011 7:37PM drunkingamebar said
How come every time I read some bad news, Viacom has something to do with it?
Posted: Sep 20th 2011 7:45PM kosmik said
This is how sub-divisions of companies go the way of the dodo, and subsequently, how some games never get released.
Jarring, ignoble arguments over hundreds of millions of dollars.
"How about we call split the difference and put the whole pot into a future investment, like more games and better company infrastructure for a sound financial future."
"No, I'm saving for a yacht this month. The money is mine."
"I'm getting a second yacht. Game on."
Jarring, ignoble arguments over hundreds of millions of dollars.
"How about we call split the difference and put the whole pot into a future investment, like more games and better company infrastructure for a sound financial future."
"No, I'm saving for a yacht this month. The money is mine."
"I'm getting a second yacht. Game on."
Posted: Sep 21st 2011 11:30AM Fire Walk With Me said
Put money in a suitcase and go to Rio forever.
