I think they did discover a loophole and I think the studios have changed their model. They used to produce a lot more films and they had enough in their pipeline to satisfy themselves. Now, as you know, there are just fewer films, lots of these huge tent-pole films, and so they have extra capacity to fill their pipeline with these smaller films, and independent films have started to become a lot more popular. If you look at what was nominated for Academy Awards this year, these are the types of films that we have traditionally distributed as Canadian distributors, and it's a good business model for them.
On March 9th, 2015. See this statement in context.