I do not think I am going to have time.
I also point to Channel 5. Its spend on content was very small while it was under UK ownership, but when it was bought by Viacom, it became channel of the year and there has been a massive investment.
The one thing I make categorically clear is the reason the Government are looking at the future ownership of Channel 4, which is that we wish to sustain Channel 4. We are concerned that, in the longer term, the model is going to come under ever-increasing pressure and will be unable to deliver the content that we all want to see.