I agree with that, and I'll just add the point that the Copyright Board is well down the road from licensing. In an ideal relationship, if the right incentives and the right sanctions are in place, we'll be back at the table any time, literally. I will travel anywhere in the country to work towards negotiated licences. That's the preference.
If we can't reach agreement on a negotiated licence that matches payment to value, the Copyright Board is a really important backup.