I think that everyone would feel that a renegotiation that allows for a percentage of revenue would be the optimal outcome.

There are elements of a win because the rate that was going to be in effect for the Web was cut in half, and there's no longer a two-tiered structure.

Current licensing practices already impose substantial costs and administrative burdens upon these [digital media] companies, and it would be untenable and unfair to require them to shoulder additional costs with respect to these buffer copies.

This is good for the Internet, because it means more and more companies will have confidence that their content can be securely streamed to end-users.

First and foremost it's the size, the market cap of these Chinese companies. The magic number here in Singapore is $300 million (US$185 million). If the market cap is lower than that, most funds will usually stay away.

It can be grueling at times because you have to be meticulous about everything.