Sure. Thanks.
Yes, clearly we disagree on the issue of fair dealing. To hit a couple of the points I heard, it's true that lots of factors go into the decline in income for authors and it's true that digital disruption is a large part of that, but we have now tracked a 27% decrease in the last three years alone, and we don't feel it's a coincidence that in those three years we have not received our copyright royalties from the educational sector. We see a direct link there.
There was mention of a movement away from photocopying and towards e-reserves and online course material delivery. To us, e-reserves and online course delivery are just course packs in digital clothing. It is the same thing. If those uses are increasing, then we're talking about an increasing amount of copying. Really, we're losing even more money in that instance.