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laws governing video usage

I would appreciate any information regarding recent changes in licensing
regulations for videos held in library collections.  I have heard
something second-hand about such videos having to have two year leasing
renewals.  Has this had any effect on the way their order records are
handled or their bibliographic records are cataloged in your collections?  
Thanks very much.

Rani Sinha
Acquisitions/Serials Libn.
Lafayette College
Easton, PA  18042