As a company, we have definitely lost revenue. As I said earlier, we lost 30% to 35% of our revenues as soon as the act came into force. Many producers of educational films, which depended on the education sector, lost up to 90% of their revenues. Those producers were in fact selling copies. Yet one aspect of copyright is that a copy, once purchased, can be reproduced at will without a digital lock. So there have been a lot of losses in these sectors.
As I said earlier, there are a number of grey areas and vague terms regarding presentation for educational purposes and the context thereof. In the case of films presented in classrooms as part of the curriculum, there is no ambiguity. There are, however, abuses on both sides in the case of presentations for purely recreational purposes. That has an impact on us and is harmful to the entire production.
Our company is a bit different because we are a distributor and a representative, but not a product creator. I can tell you, however, that various parties that produced films in Canada and especially in Quebec are having a lot of problems as a result of these changes to the act.
It does not encourage film production. American productions are naturally bigger and more resilient. They can therefore enter Canada and displace Canadian products, especially those in English.