Obviously we have a view. What we would say is there are very many elements of the recent CRTC decision that we applaud, in the sense that they turned their minds to content in some ways that they hadn't in the past, for example, moving from an expectation to a condition of licence that 75% of programs of national interest be sourced from independent producers.
However, you're right on. I think that what was not in that decision was anything to put the brake on the foreign spend. That was a little surprising to us, to be honest. I think what we've seen, certainly with the Shaw acquisition and the price paid, is that these assets have incredible value. Particularly on the specialty side, these assets are incredibly robust.
So, yes, we think that television very much still has a place to play in terms of making sure those content obligations are met, and frankly as a platform to help selling to the world.
But I think your concern is a very valid one, and it's one that we would share.