It seems Viacom’s striking fewer sour notes this year, with operating profits up $789 million — good for 14 percent — in its Media Networks division (the umbrella its video game business is under). According to the mega-corp, gains are due in part to lower losses from the Rock Band franchise.
You know, we dinged Green Day: Rock Band for being a less lavish production than its Beatles-based predecessor, but it seems that (from a big picture perspective at least) the scaled-back approach and getting out of the instrument biz is paying off.
Viacom loses less on Rock Band year-over-year originally appeared on Joystiq on Fri, 06 Aug 2010 02:00:00 EST. Please see our terms for use of feeds.
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