Friday, March 14, 2008

Harmonix Files, Then Quickly Withdraws, Suit Against Activision Over Royalties

Harmonix, creators of the Guitar Hero series, filed and then withdrew a suit against Activision, current owner of the Guitar Hero franchise, regarding payment of royalties. Under their agreement, there were two tiers of royalties payment, with the higher rate being used if a subsequent GH game "incorporates, uses, or is derived from Harmonix property." Harmonix believes that GH III does in fact use H's property and as a result, they think they are entitled to the higher rate; the difference between the lower and higher is about $14.5 million. The suit was filed Monday, and withdrawn Tuesday; discussions are to be continued out of court.

Everyone's Gunning For Activision

Activision sure has its hands full these days. Like Biggie said, "Mo Money, Mo Problems."

1 comment:

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