Viacom Sells Harmonix To... Harmonix

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Posted by Jeff (5294 posts) -
Well that didn't take too long. After stating back in November that it was intending to sell off the Rock Band developer, Viacom has announced that Harmonix has been sold to Columbus Nova, an investment management firm. Specifically, CN has set up a new affiliate company, known as Harmonix-SBE Holdings, LLC, to run the Cambridge-based studio.

The specifics of the deal have not been announced, but a note posted by Harmonix's John Drake (but attributed simply to Harmonix) states...

We’re excited to be returning to our roots as an independent and privately owned studio. As for what it means for you, the DLC schedule marches on for Rock Band, we will continue our support of previously released titles and we’re hard at work on some unannounced projects that we think you’re going to be pumped about.

Though there's an investment firm backing them up, this essentially sounds like Harmonix is once again in control of Harmonix, something that sounds like a pretty good deal to me. 
 
Here's a loosely related video that I'm not going to bother explaining because it would take too long and the end joke wouldn't actually be that funny.
  
Staff Online
#1 Posted by Jeff (5294 posts) -
Well that didn't take too long. After stating back in November that it was intending to sell off the Rock Band developer, Viacom has announced that Harmonix has been sold to Columbus Nova, an investment management firm. Specifically, CN has set up a new affiliate company, known as Harmonix-SBE Holdings, LLC, to run the Cambridge-based studio.

The specifics of the deal have not been announced, but a note posted by Harmonix's John Drake (but attributed simply to Harmonix) states...

We’re excited to be returning to our roots as an independent and privately owned studio. As for what it means for you, the DLC schedule marches on for Rock Band, we will continue our support of previously released titles and we’re hard at work on some unannounced projects that we think you’re going to be pumped about.

Though there's an investment firm backing them up, this essentially sounds like Harmonix is once again in control of Harmonix, something that sounds like a pretty good deal to me. 
 
Here's a loosely related video that I'm not going to bother explaining because it would take too long and the end joke wouldn't actually be that funny.
  
Staff Online
#2 Edited by Bobdaman18 (721 posts) -

wat 
 
its a christmas miracle!
#3 Posted by Sanitysend (93 posts) -

Good luck harmonix

#4 Posted by Dustpan (1781 posts) -
@Bobdaman18 said:
" wat "
YES
#5 Posted by Hailinel (25787 posts) -

Bossanova, indeed.

#6 Posted by Delta_Ass (3807 posts) -

Bossanova? This is Harmonix, not Polyphony Digital.

#7 Posted by ch13696 (4760 posts) -

Super... nova?? O_o

#8 Posted by xxizzypop (644 posts) -

I'm all kinds of jazzed to see what Harmonix is up to. It might just be more of what they've always done, but I'd like to think they're hard at work at some crazy new IP.

#9 Posted by GlenTennis (3266 posts) -

Bossanova?
More like...
Bassanova.
Get it? Because it's Rockband?

#10 Posted by Seraphim84 (453 posts) -

If we're gonna talk Ninja Turtles here, let's talk some goddamn  Ninja Turtles. 
 
"Smells like Bleecker"

#11 Posted by KarlHungus (144 posts) -

Chevy NOVA!!!!!

#12 Posted by Goto10 (36 posts) -

Interesting, we'll see how this affects Harmonix's efforts from here on out or if at all.

#13 Posted by Ladnar (209 posts) -

Cowabunga dude!

#14 Posted by Pope (25 posts) -

Boy do I look excited about that Stacking Quick Look!

#15 Posted by litrock (172 posts) -

Glad to see this play out this way, as it was my personal hope for what Harmonix would be up to. Been a fan of the studio since Amplitude, can't wait to see what comes next!

#16 Posted by sarahsdad (1282 posts) -
@Bobdaman18 said:
" its a christmas miracle! "
This.
#17 Posted by Doctorchimp (4163 posts) -

So John Drake gets to enjoy at least one more week of not being the Whiskey Media whipping boy.... 
 
He got lucky this time...

#18 Posted by Chris2KLee (2394 posts) -

Sounds good to me. While MTV might have given them some music industry connections, I'm sure Harmonix can keep going now that they are free of them.

#19 Posted by hexx462 (506 posts) -

So refreshing to see a developer end up being able call their own shots. Could not be happier with the results.

#20 Posted by ClaritySam (645 posts) -

Well thank god Activision didn't buy them.  23,950 Rock Band games a year may have over-saturated the market somewhat....

#21 Posted by angrygeometry (5 posts) -

this is very good news indeed!

#22 Posted by tourgen (4568 posts) -

I wouldn't break out the champagne yet.  It'll all depend on what the investment group has in mind.  These guys are bankers not gamers.  Making games isn't one of their goals, making money is.
 
Are they playing a tax game (minority business ownership taxes etc.)?  Are they planning on milking cash flow for a year then parting the studio out?  Or will they keep them afloat and bankroll a new project or two?  Who knows.  It will be interesting to watch though.

#23 Posted by Shuborno (904 posts) -

Great news. I hope this means that Pro Guitar DLC will extend far, far in to the future so a purchase of the Fender won't be wasteful. 
 
I also hope they experiment a bit with the music game format since it seems they can decide what they make.

#24 Posted by JuMP (100 posts) -

I'll be interested to see how this new arrangement plays out in future projects for Harmonix.

#25 Posted by ShaneDev (1702 posts) -

Good for them now their destiny is in their own hands.

#26 Posted by PLWolf (967 posts) -

It's a Festivus Miracle!

#27 Posted by Skald (4394 posts) -

I hope this goes well for them.

#28 Posted by Gamer_152 (14286 posts) -

Glad Harmonix found a buyer. Also, nice picture of Eric Pope.

#29 Posted by damnboyadvance (4172 posts) -

Hopefully, they'll find more success now.

#30 Posted by 02sfraser (855 posts) -

I think Harmonix will do just fine on there own. They have yet to produce a poor game and looking forward to seeing what they will come out with next.

#31 Posted by JJWeatherman (14797 posts) -

Yay!

#32 Posted by Meteora (5844 posts) -

Christmas miracle!

#33 Posted by AuthenticM (4244 posts) -

I don't get the bossanova joke.

#34 Posted by Hailinel (25787 posts) -
#35 Posted by ghostNPC (803 posts) -

Interesting. Well, more control for those who are working on the games is always the best.

#36 Posted by SomethingClever (444 posts) -

I prefaced this article by saying "Good news everyone" and then proceeded to read it aloud in a Professor Farnsworth voice.  It made it even better!

#37 Posted by MrKlorox (11142 posts) -

Congratulations to Harmonix! I hope you guys can flourish and continue to crank out awesome, outside-the-box games. True leaders of this gaming generation.

#38 Posted by kagato (1055 posts) -

Im glad this wasnt the end of Harmonix, ive been following them since Guitar Hero and Rockband is one of my most played titles.  I think the move from MTV games will be good for them, though i still dont understand why EA didnt want them just to annoy Activision.

#39 Posted by Stackboy (619 posts) -

I think this is good news? As long as Harmonix keeps making the same quality rhythm games, then I'm happy.

#40 Posted by Halberdierv2 (1985 posts) -

well, thats good news. I think.

#41 Posted by AgentMOO (195 posts) -

Good luck harmonix! Looking forward to see the direction the company will take with their current and future platforms.

#42 Posted by 234r2we232 (3175 posts) -

Congratulations and Merry Christmas, Harmonix! :)

#43 Posted by crusader8463 (14744 posts) -

I have zero interest in your games, but glad to see people get to keep their jobs.

#44 Posted by WpnX (12 posts) -

Horray!

#45 Posted by wolf_blitzer85 (5284 posts) -

Awesome! 
 
Rock Band: Fuck the Man on store shelves October 2011!

#46 Posted by AuthenticM (4244 posts) -
#47 Posted by Gerhabio (1992 posts) -
@crusader8463 said:
" I have zero interest in your games, but glad to see people get to keep their jobs. "
: /
#48 Posted by Vaancor (258 posts) -

It's a Christmas  miracle! YAY!

#49 Posted by Zatoichi_Sanjuro (954 posts) -
 
#50 Posted by angelfan91 (916 posts) -

Yay!!! Now they can fully devote their time to Rock Band: Rush....YOU SHUT UP IT'S GONNA HAPPEN!!!!

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