As I mentioned in my remarks, you have Netflix, Hulu, Apple TV. These are all sophisticated television operators coming into Canada with no Canadian content requirements whatsoever. One of the things that vertical integration can do is try to keep the regulated Canadian system with its Canadian content obligations robust.
But I think the CRTC has to be a bit temperate in the way they regulate. We pay a 5% tax, if you will—a contribution payment—on our video-on-demand. They propose to raise that to 10%, and people like Netflix are paying nothing. The system has to accommodate these over-the-top competitors.