Thank you very much, Mr. Chair.
Thank you to all the witnesses for being here. I'll do my best to get to everyone, so I'll keep things quick.
I want to address first Madame Côté from SOCAN.
We all know that the future of music is streaming. It's just too convenient for listeners, and it's too profitable for some to ever think that anything is going back. Real-world earnings on recorded materials have dropped, and you gave us the numbers as to how significantly they have dropped.
Right now, all that's left for a lot of these artists is live performances and licensing of their music to commercials, movies and TV, plus the streaming. We all know that live performances are gone right now. Every stage in the world is dark, so, really, the share of revenue that has been lost is overwhelming for creators in that field.
Most of the discussions are about the platforms. The platforms will continue to change. They're changing, and they'll continue changing, so the legislation we have has to able to support these changes and into whatever is next.
I know that the foreign Internet broadcasters are increasing their revenue through subscriptions and through advertising, but the fraction of the royalties these creators are making is not even trickling down to the artists—we're talking fractions of a cent—and we all know this.
What is in Bill C-10, or what else can we do to strengthen Bill C-10, to support those creators who seem to get less and less of the pie as it's divvied up?