Thank you.
I'm going to make a transition to YouTube. We always have this discussion about YouTube. My kids never watch TV. The TV just sits there. The only time they watch TV is when they buy a DVD, and they buy a DVD because they saw something on YouTube that a friend posted and told them to check out. Then they posted it on Facebook.
YouTube is where they communicate. We can call them pirates or we can call them whatever you want, but there's so much information. I would challenge the image that it's amateurish. People post on YouTube because they love it. We see people posting all kinds of historic footage that they recorded on their own. There are amazing historic archives on there.
The transition is in terms of how we value this. It seems to me that there's one model being put out: we'll just make it illegal to break a digital lock, and then everything will go back to the market that used to be. I'm sorry, but that market's dead. It's never coming back. We have to find a way to attach a monetizing value to the content that the kids are loving and creating and posting. That, to me, should be the question of where we're going. It's not about how we stop people from using it, but about how we monetize it.
You've raised the issue of collective licensing. You've raised the issue of a levy. How do you see copyright realistically moving forward in the 21st century?