Thank you, Mr. Daniels. I'm sorry. I have to cut it off there. I apologize. We are over time.
Just as a point of clarification, I know that in the business we tend to use a lot of acronyms. Mr. Daniels and others have used the term “OTT”. For people who are listening in from the outside, that's “over the top”, which is one of the original terms for streaming services, just so we don't get confused by some of the acronyms.
Nevertheless, we have Mr. Louis, please, for five minutes.