DES 0.00% 9.4¢ desoto resources limited

Hey Oscar,I think Guvet has answered your question.It is worth...

  1. 37 Posts.
    Hey Oscar,
    I think Guvet has answered your question.
    It is worth keeping in mind that the majority of a films revenue is generated in the first 3-4 years, so amortisation of this kind can look fantastic for the initial period, but come the backend of the license it can get ugly if the picture has underperformed. You can hide a failure for so long, but it catches up in the end when carrying amounts are writtend down. Of course this can all be avoided by smart and methodical buying during the film assessment process if stringent processes are in place.
    Cheers,
    Scooter
 
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