Thank you, Mr. Chairman, and thank you, witnesses, for coming here this morning. I've appreciated your comments.
As my colleague mentioned earlier, the Canada Music Fund is divided up into four different components.
Mr. Terrence, you were giving us a lot of facts and figures initially, but one of the things I managed to write down, in your presentation, was that 93% of FACTOR funding goes to 1% of the artists. You're suggesting a redistribution of some of the money that FACTOR receives—both FACTOR and Musicaction combined receive about $14 million.
What would you suggest?