NOTE 4. ACQUISITIONS

In the ordinary course of business, the Company regularly acquires publishing and recorded music catalogs, which are typically accounted for as asset acquisitions. During the fiscal years ended March 31, 2026 and 2025, the Company completed such acquisitions totaling $97,258,043 and $104,252,219, respectively, inclusive of deferred acquisition payments. Music catalogs acquired during the fiscal years ended March 31, 2026 and 2025 were determined to have a useful life of 30 years.