That's right.
They're going to join the coalition. They're going to show up as one cohesive unit at the bargaining table. This is assuming that we don't reach a voluntary negotiation. I'm very skeptical that we will. There's a period of time in which a voluntary negotiation takes place.
If that fails, then it moves to binding arbitration. At that point, they're going to put forward one number. It's going to be the number of the value contribution by all newspapers collectively for Google and Facebook. Google and Facebook are going to have their opportunity to knock it down and put forward their own counter-studies and experts. The arbitrator will decide whose value is fairest of them all.
It's a long way of saying yes, the smaller newspapers are going to benefit because of this design. We're going to ensure that everyone's coming along. No one can be discriminated against, based on the kind of content they write or the positions they take. They're all coming along. At the back end we're going to have an allocation that is going to be predominantly dictated by the number of journalists you have under your employ.