The bill establishes a single multi-platform public media entity. The entity will be an autonomous Crown entity with complete editorial independence. I'd like to touch briefly on some of the main features of this bill. Editorial independence has to be at its core. New Zealanders must have confidence in this entity's ability to provide an independent voice, hold power to account, and be a trusted source of news and information. The bill also recognises and respects the Crown's responsibility to give effect to the principles of Te Tiriti o Waitangi. It sets out the charter under which the entity will operate to ensure it delivers benefits for all Kiwis. The charter takes a principles-based approach to set clear expectations. The entity will be held to account on the delivery of its charter. We want to see collaboration. The entity will not work against or in isolation to the rest of the media sector and has a broader obligation to collaborate. It will be a mixed funding model, which makes the entity more sustainable and ensures we get the most out of the Crown's investment.