Thank you.
It's a great conversation we're having. It's great to get diverse views. Thanks to all of you for preparing to get here and for getting us the information we need for this study.
Perhaps this is a question for Caroline. I want to focus on something that we haven't touched on too much in looking at the music industry. We've had advocacy on having the definition of “sound recording” looked at and on the soundtrack of a cinematic work being a sound recording. The argument we've heard is that making this amendment would allow performers and makers of sound recordings to receive compensation for the use of their performance and recordings in television and film productions beyond the initial fee they get, as a union rate, for creating the sound recording. Unless it's live, they don't get paid.
How did this develop? Why did we exclude soundtracks?
Then, maybe for everybody, what would the impact be on the industry if we compensated musicians for the sound they produce for movies?