A private broadcaster has luxuries that CBC/Radio-Canada doesn't have. It has—and I alluded to that a few seconds ago—a balance sheet that it can do some things with. It can take risks that are far more encompassing. It's like in a venture company where out of 10 investments you will have two investments that will bear fruit. This flexibility doesn't exist with Radio-Canada as much as I think it exists in a private broadcaster.
So in terms of management, I can't see why it can't be as efficient in a private company context as in a public company context.