Thank you. I'll share some of my time with Mr. Graham.
I want to start off with Facebook. As I'm listening to this conversation, which has been excellent, I'm going back in time to when I used to buy records in the 1970s and 1960s. We knew that to buy content, you went to the record store and you purchased what you wanted. You might share it with a good friend and you'd put your name on it so that you knew it was yours, and you would chase your friend to get the album back. Sometimes you got it back and sometimes you didn't.
The sale was for a particular piece. Now we have the Internet taking the place of the record store. We have a business model that's very different.
Mr. Price asked a very good question at the end of one of his testimonies. If we clamp down on this, we would limit the distribution of content, but so what? People would have to purchase. The business model would go back to the way it used to work. I could be cynical and say it didn't work that well for creators back then either, because they got ripped off on contracts and they had management.... The creators have always been on the last end of the stick.
In terms of the business model, as we look at how we get money to the creators through this existing business model, we looked at the EU and they've been doing some things around legislation. We've looked at Australia. They're doing some things around legislation. You're a global company and it's a global problem. Is there anything you can suggest to us in terms of recommendations on how we get value to the creators for the products we consume?