Viacom splits from the RockBand

Having realised that there wasn't really any synergy between MTV and the RockBand game franchise, Viacom have flogged off their games studio, Harmonix.

But, hey, it isn't a humiliating climbdown - they made $25m over what they paid, and are able to push out a press release with a bit of dignity:

"Harmonix has and will continue to create terrific video games, but for us, it is about focus. The console games business requires an expertise and scale that we don't have," chief executive Philippe Dauman said.

Of course, we could have told them that back before they bought in.