The exemption was supposed to be a temporary measure. It was for the smaller radio stations, which have now all been consolidated and bought out by the larger corporations like Bell and Rogers. I've seen the analysis of what's happened with the revenues over the years since that exemption has been put in place. It was temporary, and we need to now eliminate it so that path of revenue can go down to the artists.
As far as the bigger picture on the ecosystem goes, over the past 16 years, I've never seen an industry go through a business model change so many times. The biggest challenge we've had is the adjustment that needs to come when all of a sudden you go from a CD to downloads to streaming. The implication of those changes has gone across the board and across the entire ecosystem within the industry, and we have to look at all the components, not just where the rights come into play. It has to be with how live performing fits in the marketplace, as well as how and where the artists are signed. That has all had a huge impact on everything we've been doing in the industry, and the doors have been opened.
To Caroline's point, the worldwide access and how people consume music has had such a huge change on the business model of the industry.