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MTV Parent Company Ordered to Pay $383 Million to Rock Band
Posted on Wednesday, December 28 @ 14:47:12 Eastern by danielrbischoff
One time I was in court... indecent exposure. No, I'm just kidding! That was Anthony.
Anyways, Viacom, parent company of Nickelodeon, MTV, and the now defunct MTV Games Publishing has been ordered by... some legal... body... somewhere to pay Harmonix Music Systems shareholders $383 Million dollars. You might remember Harmonix being sold for a song just over a year ago.
Arbitration decided on December 19th that unpaid bonuses to the tune of $383M were due as part of the original 2006 acquisition. Viacom is fighting the decision, but they're probably going to be forced to pay up... just like Anthony that one time he exposed himself in public.
[Source]
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Don't give a **** about Viacom though, they wrecked some good channels over the years. I heard a rumor that the M in MTV used to stand for Music. Can't tell these days though, all I ever see are pregnant teens, some asshats in a house fighting all the time or being really obnoxious, and some fashion tip show.
Oh, and the only musician available on tv is trying to wreck some guys car by putting overpriced crap into it. Usually thousands of dollars worth of audio equipment for a guy living in a bad neighbourhood. How is that a smart idea?