I can't speak exactly to the last quarter or whatnot. I do know that effectively, over the last seven years, broadcasting at large has been losing money, certainly on the TV side. We've seen independent producers that have basically seen about seven years of growth, while we've seen seven years of decline.
In terms of all that goes into that quarterly report, I can't speak exactly to that. I can tell you that even before COVID, there were really substantial challenges. As I say, it's a combination of things. It's losing subscribers to cord cutters. It's losing advertisers to online advertising. It's losing viewers to other groups.
In terms of the—