Report: Viacom is going to sell off Harmonix

Posted By | On 11th, Nov. 2010

Harmonix is going to be sold by Viacom suggest a report published by Bloomberg.

The report stated that inspite of the studio over performing sales estimate, Viacom has decided to sell off the studio.

Profit, excluding the sale of its Harmonix game business and tax benefits, was 75 cents, topping the 70-cent average of 26 analysts’ estimates compiled by Bloomberg. Viacom said today it will sell Harmonix, creator of the Rock Band music video game.

Sad news for Guitar Hero fans we guess. We will keep you updated when a prospective buyer emerges.

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