The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

I would make two points on that.

Firstly, I think, just to put in context the relationship between the media and social media, that actually we are becoming one of the major distribution channels for traditional editorialised media content. So somebody like the Guardian has now over 5 million people using an application where they bring the Guardian content into Facebook, and we drive traffic for them and help them to share their material across social media.

We certainly see it as much more complementary set of things that we offer. They offer great content, we don't produce content. We offer great distribution. That can be a challenge for them to distribute through their traditional websites. So I think the relationship is hopefully less confrontational than --

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