I don't understand the thinking on this at all, Mr. Angus. It's quite clear that we see this levy and other forms of collective licensing as the way forward. It's not only the way forward for artists. It's the way forward for record companies. It's the way forward for film and television companies.
It's the way forward for all elements of the industry to make money in the digital environment: through a form of collective licensing. It's the only way we see, and it has been proven in Europe and elsewhere, that collective licensing makes sense. It's economical. It distributes moneys to makers and to creators. It's very efficient. And it gives access to consumers to use content on multiple platforms and allows format shifting. It has everything that one wants in a system in the new digital environment.