Thank you, Mr. Chairman.
Good morning, ladies and gentlemen.
The broadcasters talked to us about the smallest stations, ephemeral copies and so on. They are ephemeral but they are becoming increasingly eternal. I think that the issue is whether copies of all kinds—there are apparently a dozen types—have a value. That's central to the debate.
For example, it happens that larger stations sell smaller stations entire programs that they've produced. They can be four-hour programs that, with the current technology, require only 30 minutes of musical production and reproduction. That is happening and it can earn revenues. How much is that sold for?
It's probably big stations that sell productions to small stations. How does that in fact take place?