NEWS | ? Comments |

Viacom confirmed today that the company has sold off Harmonix -- developer of the Rock Band series of music titles as well as Dance Central for Kinect.

Back in November, MTV Games announced that it was directed by Viacom to sell off the studio. Today, the sale was completed to Harmonix-SBE Holdings LLC, an affiliate of Columbus Nova, LLC -- a New York-based investment firm. Terms of the sale were undisclosed, but the price of the acquisition is speculated to be far less than the $175 million USD paid back in 2006 for the company.

What this sale essentially does is give back Harmonix its independence, allowing the development studio to shop its future products out to various publishers, set its own timetables, and stay true to its creative vision.

Over on the official Harmonix forums, a statement was released describing the sale and the prospects for the company going forward. It looks like a handful of new projects are currently well under way.

"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."

Sources: Press Release, Forum Post.

GD Staff   FollowGameDynamo

[Other Gaming News +]