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For over a year, the shareholders from Harmonix and its former parent company, Viacom, have been locked into a pretty intense lawsuit. According to the filing, Viacom has not been making the bonus payments that it’s contractually obligated to pay shareholders. A group of resolution accountants appointed by Harmonix has added up the damages and determined that Viacom owes roughly $383 million. Obviously, this amount is still up for debate, especially considering that the last time Viacom paid out bonuses, they instantly turned around and tried to sue the shareholders for a refund. “The idea that they entered into it with us and then they don’t want to pay it, that’s what the beef is about” said an obviously agitated Walter Winshall. Winshall was formerly a software executive and an early investor in Harmonix. 
We’ll keep our ear to the ground as the situation shakes itself out, but something tells me that it’s not going to be over any time soon. By Josh Engen |