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Viacom / Harmonix Legal Battle Escalates

 
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nextlevel88  





Joined: 11 Apr 2006
Posts: 573

PostPosted: Wed Sep 21, 2011 5:45 pm    Post subject: Viacom / Harmonix Legal Battle Escalates Reply with quote

http://www.1up.com/news/viacom-seeking-131-million-refund-former-harmonix-shareholders?utm_source=twitterfeed&utm_medium=twitter
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Hobo111  





Joined: 27 Dec 2009
Posts: 3414

PostPosted: Wed Sep 21, 2011 7:07 pm    Post subject: Reply with quote

Ummm... what the hell? I mean, I thought the whole Infinity Ward Vs. Activision thing was stupid... but this brings stupidity to a whole new level.
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Icemage  





Joined: 11 May 2008
Posts: 3200

PostPosted: Wed Sep 21, 2011 7:38 pm    Post subject: Reply with quote

Hobo111 wrote:
Ummm... what the hell? I mean, I thought the whole Infinity Ward Vs. Activision thing was stupid... but this brings stupidity to a whole new level.

I don't think we know enough about the situation to debate the merits of the case, but at the very least I'm sure Viacom has a whole battery of accountants. If they really made a 100+M dollar calculation error and no one noticed, multiple someones need to be fired.

Personally, considering how improbable that is, I'm willing to give Harmonix's shareholders the benefit of the doubt on this until we see some evidence from Viacom.
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raynebc  





Joined: 16 Jun 2008
Posts: 992

PostPosted: Wed Sep 21, 2011 7:50 pm    Post subject: Reply with quote

Unless Viacom can show that they were significantly misled about sales data that led to the bonuses, I don't they deserve any money back.
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yakityyakblah  





Joined: 08 Oct 2007
Posts: 3985

PostPosted: Wed Sep 21, 2011 9:13 pm    Post subject: Reply with quote

I hate it when mommy and daddy fight
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thecaptainof  





Joined: 04 May 2007
Posts: 7571
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PostPosted: Wed Sep 21, 2011 10:39 pm    Post subject: Reply with quote

I couldn't give a flying fuck if mummy and daddy fight, as long as it doesn't involve me. Since it's unlikely that I'll be called into the fray by either side, I'll be over here not caring.

Or, to put it another way: nobody here knows the full story and, even if we did, it's unlikely any of us would be qualified to speak on the matter with any authority, so as far as I can tell it's none of our business until it starts affecting us directly in terms of game and DLC releases.
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Bront  





Joined: 09 Oct 2010
Posts: 929

PostPosted: Thu Sep 22, 2011 1:20 am    Post subject: Reply with quote

Wow. This is about as bad of a publicity move as Viacom can get. Suing to get money back from shareholders won't go over well.
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