Thanks, Mr. Chair, and thank you all for coming to talk with us about this important study. We're primarily trying to figure out a way for the market to work so that creators get adequately compensated.
I'm really interested in Mr. Price's model. You mentioned flat fees, and then Mr. Schmidt also mentioned flat fees as a way of compensating creators. Having 100% going back to the creator was an interesting idea, but it made me wonder how your company gets paid in the process. Could you maybe drill in a bit about what a flat fee looks like?