Rock Band Developers Sold for $49.99, $44.99 Used.
Posted on Tuesday, January 4 @ 15:06:22 Eastern by Daniel Bischoff
If I had known I could buy Harmonix for this cheap and forced them to make a sequel to Amplitude, I would have. Of course, I am not a private investment firm like Columbus Nova.
To Columbus Nova, buying Harmonix was like heading to your local Gamestop and picking up a copy of Dance Central, like laying down 50 bucks and walking out the door. Of course, Columbus Nova wasn't asked about preorders or strategy guides or warranty plans.
Really... Columbus Nova only paid $49.99 for the developer. Of course, that seemingly cheap price tag comes with a hefty amount of debt and licensing fees. Consider how much all those songs on the Rock Band store cost to host when people like the collective a-holes in Metallica are sending a bill every month.
Viacom was sure to make their money back though, as sources report that the deal was structured to benefit the media giant. Viacom apparently stands to gain $150 million in tax breaks from the deal.
As much as Harmonix gained from the relationships Viacom's MTV held with the music industry, I don't think the Rock Band developer had anything left to gain from their previous owner. They should be able continue putting out quality products that still put Guitar Hero and Activision to shame.
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