Decent quarterly results for the music business as a whole. However, starting to get concerned by the frequent tinkering with the ammortization policy of new music acquisition. Conveniently, this comes right before Saregama is likely to go into a phase of high content acquisition. Does anybody have any idea how global players ammortize rights?
The Group has a history of poor corporate governance, such accounting jugglery makes me nervous. Anybody have any thoughts?
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