Saregama Q1 FY22 Notes

Continuing on the runway for growth

High Level Notes

Starts off with a blend of Nostalgia and Relevance.

Immediate Question in my head - What are the unit economics of Movies Business?

In Music - One Time Cost + Upside Open

In Movies - One Time Cost (higher than music) + Fixed Royalty

Typically movies are presently being licensed to OTT Platforms for a particular time frame and a fixed revenu…