Thank you for refreshing me.
In many respects, again because of our approach here, we very much view many of these challenges fundamentally as a business challenge. It has to do with the nature of markets, the nature of what users are willing to pay, what they are willing to tolerate. How can we encourage them to funnel more money into the industry and into the ecosystem so we have a sustainable ecosystem, because again we have a partnership model that means we're a success depending on their success.
In that instance, we don't necessarily view a legislative response as the initial wage responses, because that's a very unwieldy and blunt instrument that could have many unintended consequences, which is largely what generates our concerns with respect to what has been proposed in the European Union.
I think that in looking at it from a policy perspective, finding ways that are not legislative to encourage the parties to come together, one of the core roles I see government can play outside legislation is one as facilitator. You are the honest broker who can bring parties together to have discussions to work things out and figure out the best approach going forward. In many respects I think that is a logical place.
Also, as I said, there are the issues with respect to transparency, mostly so individual artists can have full visibility into where the revenues flow from, which in many cases they don't necessarily know. All they know is the cheques they receive at the end of the month.