Skip to main content

Rock Band earns Harmonix a $208.7 million bonus

The VG247 logo in white on a red background
Image credit: VG247

rockband3.jpg

So says this. Owner Viacom has stumped up the money based on bonus terms from the acquisition contract.

"In addition, to the extent financial results exceed specific contractual targets against a defined gross profit metric through 2008, former Harmonix shareholders will be eligible for incremental earn-out payments with respect to the years ended December 31, 2007 and December 31, 2008," said the clause.

Nice work if you can get it.

Read this next