Viacom has revealed that it’s going to be asking for a refund on the $150 million earnout payment it paid to Rock Band developer Harmonix in 2007. “We believe that we are entitled to a refund of a substantial portion of amounts previously paid, but the final amount of the earn-out has not yet been determined,” says an SEC filing from the media giant. Meanwhile, influential games blog Kotaku claims that Activision has closed its RedOctane studio – which published the original Guitar Hero – while laying off as many as 50 people at its Neversoft studio, which is currently in charge of the Guitar Hero series. Source: PaidContent Source: Kotaku
Music game meltdown? More bad news from Harmonix and Activision
