Finally, I have a brief word about something that is not in the bill.
Over the past several rounds of copyright reform, we have requested of successive governments that producers be recognized as the first owners and authors of copyright in a cinematographic work. Currently, the Copyright Act is silent on this critically important issue. This omission has created needless additional uncertainty and costs for independent producers, for reasons that we would be happy to get into during the question and answer session.
Our thanks again to the committee for inviting us here this afternoon. We would be happy to answer any questions you may have.