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Harmonix completes MBO, goes indie

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Harmonix has confirmed that it's bought itself from Viacom, and will now operate independently.

Speaking on the developer's forum, PR John Drake said, "We’re happy to confirm the news today that the sale of the company is complete. We appreciate all of your support, comments and warm wishes in the preceding few weeks.

"Viacom and MTV Networks have been an amazing home for us over the past four years. It’s where we launched both Rock Band and Dance Central, worked with The Beatles, Green Day, AC/DC, The Who and thousands of other artists. We want to take a moment to thank everyone in that organization who helped make these awesome games possible.

"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."

As confirmed by Viacom, investment company Columbus Nova has backed new owner Harmonix-SBE Holdings LLC in the move. Terms remained off the record.

Viacom announced in November that it was to sell the Rock Band developer after seeing slowing sales of its games.

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Patrick Garratt

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Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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