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Bill C-11 committee  Well, as I said earlier, that's true, but there's much more to the equation than that.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  That is correct. And we do pay for it, as I've said before.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  If the success of a radio station was just about the music....

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  I know; I said that earlier.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  But just because I'm playing great music doesn't necessarily make my radio station a success, because I'm playing the same music as the guy down the street is playing, as the guy down the street farther is playing. Right? There is a great deal more to making a radio station a suc

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  They are a component of that success.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  Bell Media employs 723 in their radio business, and my guess would be that on the television side that number would probably be about 3,500—so between 4,000 and 4,200.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  No, they are not at all. As I said earlier, we are paying $8.1 million in performance royalties and an additional $7.3 million in Canadian content development funds.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  Absolutely.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  I can't answer that specifically. I can get back to you on that.

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  Well, I think...[Inaudible--Editor].

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  I'm going to answer your question in a slightly different fashion, and I'm going to answer it using the same analogy that you did with respect to musicians. You said it's easy to get rich but it's also—

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  It's a good place to get rich and it's a lousy place to make a living. Well, in radio there are a number of very successful stations and there are a number that are struggling. The reason is that music plays a big part in the success of a radio station but it doesn't play the o

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  How much does CHUM pay?

March 1st, 2012Committee meeting

Richard Gray

Bill C-11 committee  It's $2.8 million.

March 1st, 2012Committee meeting

Richard Gray