shankar, madhan: several dynamics are in play here including IR's desire to do a high-calibre album like TiS. There has been talk of IR having a bad experience with SONY over the RPO Symphony #1(madhan, you were the one who did some research in this direction 2 years back). That might have biased IR against SONY. In general, IR could - and I would bet a week's salary of mine on this - be generally indisposed towards smooth-talking executive types, the kind SONY I am sure employs in thousands and the kind most likely to interact for such business discussions. Welgate on the other hand might have been a bunch of novices who however dont come across as cunning to IR.
This is speculation but these are some of the dynamics that could be in play.
But what will happen here is
1) People with a hate for IR seize this opportunity and inuendo that he planned and executed this cheating exercise - IR is 100% black appadinnu vaadhiduvaargal.
2) Blind fanatics of IR would ofcourse claim the other extreme.
Truth is ofcourse somewhere in between, like the cliche goes.