Absolutely. It's worth making a distinction between the advertising-based model and the subscription-based model. We go to some lengths in the report to describe the subscription-based model as much more stable, and perhaps a better way of looking forward to support the production of Canadian content.
Within the advertising market, there are significant differences between television and radio. Radio advertising revenues have remained more stable, although they've seen some decline, certainly. In particular, our conventional over-the-air television stations, which are largely dependent upon advertising revenue, have experienced the greatest decline and the greatest difficulties with the advertising market.
There are some signs that there may be some changes, some recoveries and some money going back to television to some extent, but not in any way recovering from the declines we've seen in the last few years.