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 Send to email | Poor Rock Band Sales Blamed For Declining Viacom Revenues [Viacom] in Viacom declineFinancialsIndustryRevenueRock Band |  By Mike Fahey
el 28-Jul-2009 |  Viacom's second quarter 2009 financials dropped this morning, singling out lower than expected Rock Band sales as one of the primary causes of the company's 14% drop in revenue over the previous year.
A little over a year ago Viacom was singing the praises of Rock Band, heralding the rhythm game as the driving force behind a 33% profit increase during the first quarter of 2008. Cut to a year later, and Rock Band is once again a focus, but not in such a positive way. The company's second quarter 2009 financial results report a 14% decline in revenues and a 26% decline in operating income. In both cases, slow sales of Rock Band are listed as a key factor in the losses, driving down the company's Media Networks segment's operating income by 12% and revenues by 8%. The Media Network revenue drop to $1.97 billion is listed as being "principally due to a 41% decline in ancillary revenues driven by lower sales of the music video game Rock Band." If Rock Band alone can have that big of a positive or negative effect on the company's financials, it sounds like there are too many rhythm-based eggs rocking out in that one basket there.
 
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Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Rock Band Drives Viacom Profits Skyward [Rock Band] | | Rock Band has been very, very good to MTV parent company Viacom, who announced that first quarter profits rose 33% based mainly off the sales of the sales of the title, along with higher advertising revenue at MTV Networks. The media conglomerate also enjoyed a [..] Read complete article | | Published 02-May-2008 by Mike Fahey in BusinessIndustryMtvNewsProfitsRock BandViacom
Read 30 times. More hits in ![More articles Rock Band Drives Viacom Profits Skyward [Rock Band]](./images/arti.gif) ![Images about Rock Band Drives Viacom Profits Skyward [Rock Band]](./images/photo.gif) |
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Rock Band slump leads to lower Viacom profits | 
Remember how Rock Band sales declined 67 percent since last year? It looks like the sales slump has taken its toll on Viacom's Media Networks division, which houses MTV Games. According to [..] Read complete article | | Published 28-Jul-2009 by Richard Mitchell in businesseconomyharmonixmtv-gamesrock-bandthe-beatles-rock-bandviacom
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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Viacom's second quarter 2009 financials dropped this morning, singling out lower than expected Rock Band sales as one of the primary causes of the company's 14% drop in revenue over the previous year. A little over a year ago Viacom was singing the praises of Rock Band, h [..] 
Viacom is content with the two million units sold of Rock Band 2 since launch, but expected more from the series. PaidContent reports that the media conglomerate sees the Rock Band franchi [..] 
Even though John, Paul, George and Ringo have been rocking the disc tray of your favorite console with The Beatles: Rock Band, its expectation-exceeding sales haven't helped boost overall Rock Band sales. Viacom CEO [..] ![Click here to read Viacom Ordered to Pay $383 Million to <em>Rock Band</em> Makers - Viacom Ordered to Pay $383 Million to Rock Band Makers [Rock Band]](http://cache.kotaku.com/assets/images/9/2011/12/small_5493d9233844279a309cfea7717180f1.jpg)
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Guitar Hero and Rock Band creator Harmonix announced this morning that it's splitting with parent company Viacom and "returning to our roots as an independent and privately owned studio" -- investment comp [..] 
