view provided for in subsection 108 (i), these
guidelines shall be reviewed not later than five years from the
effective date of this bill.

d. Conference Report: Discussion of "Audiovisual News Program"

The conference committee is aware that an issue has arisen as to the
meaning of the phrase "audiovisual news program" in section 108(f)(3).
The conferees believe that, under the provision as adopted in the
conference substitute, a library or archives qualifying under section
108 (a) would be free, without regard to the archival activities of the
Library of Congress or any other organization, to reproduce, on
videotape or any other medium of fixation or reproduction, local,
regional, or network newscasts, interviews concerning current news
events, and on-the-spot coverage of news events, and to distribute a
limited number of reproductions of such a program on a loan basis.

e. Conference Report: Discussion of Libraries and Archives in
Profit-Making Institutions

Another point of interpretation involves the meaning of "indirect
commercial advantage," as used in section 108(a)(1), in the case of
libraries or archival collections within industrial, profit-making, or
proprietary institutions. As long as the library or archives meets the
criteria in section 108

(a) and the other requirements of the section, including the
prohibitions against multiple and systematic copying in subsection (g),
the conferees consider that the isolated, spontaneous making of single
photocopies by a library or archives in a for-profit organization
without any commercial motivation, or participation by such a library or
archives in interlibrary arrangements, would come within the scope of
section 108.

5. Copyright Office Regulations Under Section 108

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The following is the text of regulations adopted by the Copyright
Office to implement sections 108(d)(2) and 108(e) of the new
copyright law (37 Code of Federal Regulations Sec. 201.14).
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Section 201.14 Warnings of copyright for use by certain libraries and
archives.

(a) Definitions. (1) A "Display Warning of Copyright" is a notice under
paragraphs (d)(2) and (e)(2) of section 108 of Title 17 of the United
States Code as amended by Pub. L. 94-553. As required by those sections
the "Display Warning of Copyright" is to b