Really? Is that so?
You basically invest in radio and cable distribution. For radio, you have the biggest players in certain markets, at least that's clearly the case in Montreal.
What about advertising revenue at the regional level? Advertising revenue is considered crucial for local news content and coverage. How is your advertising revenue at the regional stations? Correct me if I'm wrong, but I believe things are going well in Montreal for Rythme FM and CKOI.