Thank you.
Mr. White and Mr. Wilson, we certainly value this very much. It is going to be of great value to us in putting together our report.
I have a couple of questions relative to understanding the BBC as it might relate to our North American market. I want to ask quickly how you would describe what I would call market fragmentation.
One of the difficulties our public broadcaster is faced with in the North American market is the fact that most of the commercial networks now take ownership positions in programing and in networks that appear only on cable or satellite. Although the network itself, say CTV or Global, might be losing market share, the company ends up purchasing other companies that appear on cable or satellite, so their entire company doesn't necessarily lose market share. That's what's going on in North America.
I wonder if you could give us a description. Is there any parallel to that kind of thing happening in your market, at least as far as your audience is concerned?