We finance the minimum amount guaranteed to producers through TV pre-sales. Radio-Canada is currently in a funding crisis, scaling back its investments by nearly 65%. That amounts, more or less, to passing the difference on to us. It's up to us to make up the shortfall. With the arrival of the monopoly eOne, which is diminishing our market, we are basically being suffocated. That's very clear. We have to look to other sources, besides Radio-Canada, which is definitely no longer able to fulfil its mandate. At the provincial level, the situation is more or less the same with Télé-Québec, where the crisis started a bit earlier.
What we're doing now are pre-sales to TV5, an international French-language television network that is now investing money to help independent distributors cover the minimum amounts guaranteed to producers. It's important to keep in mind that this money is staying here. It's money that is helping producers make up the 15% or 20% shortfall they don't get from Telefilm Canada, SODEC or tax credits. It's funding that they absolutely have to have.