Thank you.
Welcome to the witnesses.
I have a quick question regarding your talking about FACTOR. I actually was a performing artist for some time, and once you decide that you don't want to do cover music anymore, and you want to do original music, FACTOR really gives you that first step into doing a demo tape and doing a recording. It starts to launch your career, and helps you decide whether or not you can move forward.
Mr. Vallance, you said that you agreed with the FACTOR funding and you thought that might be a good place for us to continue funding. Do you think we should perhaps ring-fence that to make sure we preserve that funding for future artists?