MTV Networks Buys Harmonix

MTV stated that it will buy Harmonix Music Systems Inc., a developer of music-themed video games, for $175 million in cash. Harmonix, based in Cambridge, Mass., developed Guitar Hero and other music games for Sony’s PlayStation 2. The PlayStation title simulates the experience of playing guitar, and even features a miniature guitar controller. Other creative titles feature karaoke and dancing, and incorporate elements like...

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Output Recordings Closes Up Shop

Label Head Trevor Jackson Blows An “O-Ring” In Farewell Rant/Letter Output Recordings, the UK based label, has ceased operations. In a farewell “letter” to industry contacts, the label’s founder and owner, Trevor Jackson, ranted about artist conflicts and financial strains for the reason to shutter the label which was home to LCD Soundsystem, The Rapture, Mu, Tet, and others including Jackson’s own...

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