Mr. James Hickey:

It is. This is where we come back to the fact that production incentives focused on the regions will deliver production activity to the regions, which will then incentivise the development of studios. That is how it worked in Wicklow, for example. Originally, there was just the small Ardmore Studios but there is now Ashford Studios and others that are planned. Production activity is essential for the studios to be delivered in line with the production activity. However, as Ms Geraghty will also testify to, the difficulty is that, without production incentives, the studio itself has a problem. Therefore, production incentives are needed first so studios can operate as production hubs.