Late to answer, but I think this code will do what OP wanted. 
#!/usr/bin/perl
use strict;
use warnings;

$/ = "";

while(<DATA>) {
    my @lines = split "\n";
    for ($lines[1]) {
        s/,(\d+)(\d)/":".($2 >= 5 ? $1 + 1 : $1)/eg;
        s/--> //;
        tr/:/;/;
    }
    print "#$lines[0] ", join "\n", @lines[1,2], "";
}


__DATA__
1
00:00:38,585 --> 00:00:40,519
What's wrong?

2
00:00:40,554 --> 00:00:43,148
I think I hit something.

[download]
HTH

Chris

In reply to Re: text reformatting woes by Anonymous Monk
in thread text reformatting woes by Anonymous Monk

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