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Viacom Owes Rock Band Creators A Lot Of Dough

Filed under: MTVLegal MattersVH1


Viacom is regretting purchasing Rock Band creator Harmonix.

Arbitrators ruled that Viacom owes Harmonix shareholders $383 million. Viacom purchased the company so MTV and VH1 could hop on the Guitar Hero bandwagon.

Viacom initially payed $150 million bonuses to shareholders after purchasing Harmonix.

But due to high production costs, Viacom couldn't profit from 10 million Rock Band units being sold, so they wanted take-backsies.

Harmonix originally sued Viacom for $700 million. Viacom has countersued for arbitrators to look over facts left out of the initial hearing.

Who knew video games could be this imporant?

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Facebook Encouraging Us To Purple-fy Profile Pictures For Spirit Day!

Filed under: Gay Gay GayInspirationFacebookLGBT

Facebook Spirit Day LGBT Support Awareness

It's Spirit Day everyone!

Thanks to Brittany McMillan, October 20 is a dedicated day of LGBT support and youth suicide awareness.

Even corporations are engaging in the awareness this year! From LAX lighting up purple to Viacom, Pepsi, American Airlines, and Delta employees wearing purple, it really seems to be catching on!

One major company, one we're all familiar with, is making it real easy to show your support online by purple-fying your profile picture!

Yep, Facebook teamed up with

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The 2012 Presidential Election Just Got Funnier! Stephen Colbert To Air Political Ads!!!

Filed under: TV NewsMedia MinutePolitikStephen Colbert

stephen colbert to air political ads

We can't wait for these!

Stephen Colbert has JUST received approval from the Federal Election Commission (FEC) for a "Colbert Super PAC," which will give him permission to "produce and air political advertisements." AWE-SOME.

It gets even better though! Stephen has also gotten permission to use Comedy Central parent company Viacom's production resources/airtime/staff without his ads being seen as an "in-kind" contribution from the company.

Basically what this means is

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Media Moguls' Salaries Going Up Once Again…

Filed under: Media MinuteDisneyBusiness Blitz

media moguls recent stats

Curious to hear which media moguls made mad money in the past couple of years?

Here are some recent yearly total compensation stats from the highest paid moguls in the entertainment industry:

-Disney's Bob Iger earned $28 million total in 2010

-Viacom's Philippe Dauman earned $84.5 million total in 2010

-CBS' Les Moonves earned $43.2 million in 2009

-News Corp's Rupert Murdoch earned $22.7 million in 2010

Certainly, there are some moguls who have taken paycuts for the sake of their companies, but the big guys here seem to be doing quite well for themselves…especially Philippe!

$84.5 million?!?!?!? It's good to be the President/CEO of Viacom!

What do U think of these salaries? Do U think these media moguls are getting paid what they deserve?

[Image via WENN.]

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MTV Networks Launching New Comedy Awards Ceremony!

Filed under: MTVAwardzWhoopi GoldbergWill Ferrell


Wow! This is pretty huge!

Viacom's MTV Networks have announced that they intend to start a new comedy awards franchise, appropriately titled The Comedy Awards, to be held at the Hammerstein Ballroom March 26th, and to be broadcast April 10th simultaneously on Comedy Central, Spike TV, TV Land, VH1, and Nick at Nite!


According to executive producer Don Mischer, the ceremony will recognize "the year's best comedy films, television series and digital content." The nominees - which will also include writers, directors, and actors in the field - have been selected by The Comedy Awards' board of directors, whose founding members include funnymen (and women) such as Billy Crystal, Will Ferrell, Whoopi Goldberg, Seth McFarlane, and Ray Romano!

Nice! We're totally looking forward to this!

A kind of ceremony celebrating this genre is long overdue!

Hopefully it will do well enough to continue on!


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South Park Creators Sued AGAIN For Stealing

Filed under: TV NewsLegal Matters

Sheesh! This is becoming a bad habit.

First, South Park creators Matt Stone and Trey Parker were forced to apologize for copying a spoof of the movie Inception from the CollegeHumor website and now they're being sued for ripping off the viral YouTube phenomenon What What (In the Butt).

Producers of the video, Brownmark Films filed a copyright infringement lawsuit against Viacom, claiming that the breach was "willful, intentional, and purposeful, in disregard of an indifferent to the rights of Brownmark." The company is seeking a permanent injunction and maximum statutory damages.

The segment is very similar to Samwell's video, but we still think it's just a parody and could be deemed "fair use."

What do U think? Did Matt and Trey use artistic expression or was it copyright infringement?

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Sequelmania! More Zoolander And Lots Of Other Part 2's Coming Soon!

zoolander 2 and other sequels on the way

Ready to get your sequel on? Viacom certainly is!

Viacom's COO Tom Dooley noted a bunch of projects on the horizon, during the company's earnings call yesterday, and they're predominantly part 2's!

Here are some sequels that are currently on their way…

-Zoolander 2 - This is some really, really ridiculously good news!

-Star Trek 2 - First One Was SO Intense! We're def excited for this…and we're still waiting to see who will be the bad guy, since Khan is out!

-G.I. Joe 2 - As we've said before, the Channing Tatum factor helps this movie's cause but not too much

And here are the reboots on their way:

-New Jack Ryan Movie - Will Shia take over this role too?

-Teenage Mutant Ninja Turtles - Screenplay being developed in part by Michael Bay and Platinum Dunes. Don't those guys usually do horror movies though? Please don't taint our childhoods by making The Teenage Mutant Chainsaw Massacre!

What do U think about the sequels and reboots on their way?

[Image via WENN.]

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