No, we sold that to GWR last year. Putting a radio station on the web is an expensive process and there is very little return from it. Eventually it will happen, when the costs come down, but at the moment our radio stations in Australia have much more to do than convert themselves to web radio. Mr Maxton 526. A lot of radio stations in this country do it.
People do extend their franchises to give themselves a wider coverage.
We are not doing that yet in Australia. We have got the Scottish Media Group coming before us later, they have already decided that cross-media ownership will happen and therefore they have moved into areas where they think they will be able to expand further. I can say that we truly believe in the value of radio. We were an investor in the very first commercial radio station in the UK, and we have been a continuous investor in UK radio throughout its life. Even after the liberalisation that occurred in 1996 we began to build a small radio division of our own but because so much consolidation had already occurred and because the restraints that Mr Sinclair referred to earlier were still there, through the public interest test, we found we were very limited in what we could achieve and in 2000 we decided to consolidate those interests with the GWR Group where we have a major stake and we focus our interests through them.