Thank you very much. Now I'm going to put some questions to the people who are here, with your permission.
I don't know who wants to answer my questions first, Mr. Lauzon or Mr. Basskin.
Last week, the Canadian Association of Broadcasters came here and seemed to be strongly defending small stations. It mainly said two things: first, that there has been a 140% increase in royalties payable and that that was having an effect on broadcasters' ability to innovate. It also said that they were forced to pay twice for the same thing. Is that true?