Thank you, Mr. Chairman.
Good afternoon, gentlemen.
I've been listening to your arguments since 11 o'clock, particularly concerning this $21 million reduction. You say you invest a lot in promotion and that that money goes directly to the artists, but supporting festivals and activities in that industry is part of your advertising, of your marketing. You have to invest in order to do your own marketing. You're not doing your own advertising on the radio. So I think it's absolutely normal for you to accept this. These are necessary costs in the case of your industry, like for any other industry that has to pay for advertising on the radio or elsewhere in order to attract a clientele. In that sense, let's say I find this argument somewhat... This is an investment you're making in order to attract your audience.