Simply put, that's almost $22 million of revenues that go into the industry at a time, as Bob indicated earlier, when revenues are dramatically shrinking. My members are very adept at stretching a penny into a dollar, but they can only do that so many times. They are literally struggling every day to survive. It amazes me that we do have an industry still intact, one that produces some incredible art, but the fact remains that our revenues are dropping. If we lose the broadcast mechanical, even in part, it is going to have a significant detrimental effect on our industry.
On February 29th, 2012. See this statement in context.