This report will be due back in a few months' time, and it will guide us as to what options are available, what is the design of any kind of merger to form an elaborate or a larger New Zealand broadcasting industry, what those designs are and what the costs are going to be, and any likely time frames that it will take. So that is a practical and very pragmatic step, and we're pleased to be part of ensuring that our media is futureproofed. 