It lives!
Story after story has been written about the rise and fall of the rhythm action genre. Co-Optimus thought that the genre was done, at least for a little while, but not according to Mad Catz. You may think this is a group of angry felines whose fur you stroked the wrong way, but in fact it is a well known manufacturer of game peripherals - including instruments for the moth balled Rock Band 3.
In a move in keeping with their 'mad' state of mind, the company have taken over publishing of Rock Band 3 and plan to re-release the game this holiday season on the 360. The game will be bundled with their own peripherals, including the option of their Pro-Guitar controller that allows you to learn the instrument for real. Is this re-release actually mad? MTV Games no longer exist and there should be money to be made from the 3000+ tracks online.
Community Question: Is the music rhythm action genre dead? Do we care about Rock Band anymore?