News: Rock Band has "long-term value" – Viacom
Despite slow sales of Rock Band, MTV parent Viacom is still confident the franchise has long-term value for the company.
Yesterday, Viacom blamed the music game for a decline in revenues and income of the company’s Media Networks division during the last financial quarter.
“With regard to Rock Band, the tough economic climate has tamped down its sales,” noted Philippe Dauman, president and CEO of Viacom, in a call to investors following the results.
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