Thank you, Mr. Chair.
Thank you all for being here today. I think that each of you is playing a very important role in your industry and we are lucky to have you with us. I know it was complicated to plan the meeting with each of you. We apologize for the technical problems that we had today, and for the votes which delayed the meeting.
Mr. Bissoondoyal, my question is for you. Earlier you mentioned—and I think you are right—that it is rare that we talk about the challenges of people in the music industry. If I remember correctly, Spectra Musique has been around for around ten years. You arrived on the scene rather late in the industry. Are you saying that in your opinion—and again I think you are right—that in terms of the challenges facing the music industry those challenges will also be felt by film and television, because it is so easy to make copies, is that correct?