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GameTrailers acquired by Defy Media

Gaming focused property GameTrailers has been acquired from parent company Viacom by digital content distributor Defy Media. Polygon reports Defy also acquired associated properties Addicting Games and Shockwave in the deal. GameTrailers has provided gaming coverage in multiple formats since 2002, while Addicting Games and Shockwave host browser games. The …

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Sony planning PS4 digital TV assault – report

Microsoft’s Xbox One TV ambitions are well known, but new reports suggest Sony intends to take the digital TV fight to its rival. The Wall Street Journal reports that Sony has reached a preliminary deal with Viacom that will see it provide paid streaming access to the likes of MTV, …

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Viacom ordered to pay Harmonix $300m for Rock Band bonuses

Viacom has been ordered to pay a $299 million to Harmonix shareholders in a court battle that is now in its third year. The Delaware Supreme Court has upheld two previous judgments claiming that Viacom avoided paying out hundreds of millions in bonuses to stockholders. Under the terms of the …

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Now Viacom sues former Harmonix shareholders

Viacom is taking ex-shareholders of Rock Band developer Harmonix to court, following a lawsuit filed against the firm itself last year. The former parent company of Harmonix and owner of MTV claims that previous Harmonix shareholders owe it over $131m, reports Gamasutra. Viacom claims this is a refund” of the …

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MTV Games closed

MTV Games has closed its doors following the sale of Harmonix, MCV can reveal. The International office, which was headed up by UK industry veteran Roy Campbell, was closed on Wednesday. Only a handful of financial staff remain in the New York office to collect or reconcile any outstanding receivables. …

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‘No fee’ for Harmonix buyout

Media giant Viacom sold Rock Band developer Harmonix for a nominal fee, an unconfirmed report has claimed. An article published on All Things Digital said investment group Columbus Nova paid the nominal fee in a so-called fire sale. I’m told that investment group Columbus Nova paid $49.99 — the list …

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