Viacom made headlines last year as the company sold off Rock Band developer Harmonix for an astonishing $49.99. It turns out that Viacom made a lot more money out of that sale than initially thought however. Selling the developer off has generated tax benefits of around $115 million dollars.
The company expects $45 million to be realized as a cash refund on previously paid taxes. That leaves the remaining $70 million available to offset future taxes.
That’s quite a saving then. But will they eat their own actions when Harmonix reveals its next title?