Over $150 million hangs in the balance in the aftermath of MTV’s selling off of Harmonix earlier this year. MTV’s parent company Viacom has taken the former shareholders of the Rock Band studio to court over a refund of the bonus payments given out at Harmonix’s initial acquisition. Viacom is asking for $131,827,980 of the $149,770,149 paid (or 88%), claiming an incorrect calculation of the funds upon initial dispersal.
This is the latest in a long line of legal action between the two companies. Viacom submitted a similar lawsuit last year – asking for only a partial refund – to which Harmonix filed their own suit alleging improper fiscal management on the part of the parent company, with demands for more bonus payments. Viacom publicly denied the claims, shortly after which Harmonix was sold to the investment firm Columbus Nova.
(via The Hollywood Reporter)