Thank you.
For Ticketmaster, last year the CBC and the Toronto Star went undercover at a conference where they met some Ticketmaster representatives who were promoting TradeDesk, which is an online tool that helps resellers buy thousands of tickets. It's kind of contrary to your policy. Your policy states that Ticketmaster tries to limit the number of tickets that can be purchased per transaction “to discourage unfair ticketing practices”.
Number one, could you explain how TradeDesk works and what your position is on these resale tickets at events? Also, how much has Ticketmaster collected in service fees for resold tickets over the last five years?