* 60 percent of "Books" are selected for the collections; 40 percent are used for the Library's exchange program.

260 percent of "Serials" are selected for the collections, except in the case of microfilm newspapers, of which 100% are selected.

* Includes 46 copies selected by the Library under motion picture agreements.

OVERVIEW

The Copyright Office has three major budgetary activity areas: Basic, Licensing, and Copyright Arbitration Royalty Panels. Functions include:

Registering claims to copyright, recording documents relative to Copyright

ownership, and works deposited under the mandatory deposit provisions of the law, creating public records of these actions; and providing copies of deposited works for the Library's collections.

Assisting congressional committees in drafting and analyzing legislation relating to intellectual property and providing Copyright expertise and assistance information to the United States Trade Representative, the State Department, the Commerce Department, relating to protection of U.S. works abroad, the public, and other customers on domestic and international copyright laws.

Administering the national compulsory licensing provisions of P.L. 94-554, the Audio Home Recoding Act of 1992, and the Satellite Home Viewers Act. Collecting more than $200M in royalty fees annually from cable television systems, importers and manufacturers of digital audio recording equipment and media, and from satellite carriers, who retransmit copyrighted television broadcasts across the U.S.

Convening Copyright Arbitration Royalty Panels (CARP) to determine distribution of royalties and adjusting royalty rates for the various compulsory licenses and statutory obligations of the Copyright Office.

FY 2003 ACCOMPLISHMENTS

Library of Congress Goal 9:

Carry out the statutory mission of the Copyright Office to administer copyright and related laws embodied in 17 U.S.C. to provide benefit to the nation (Copyright Law Administration).

Registered more than 534,000 claims and transferred almost one million works, valued at nearly $34M, to the Library.

Reduced registration work on hand by 28 percent, shortening the time required to issue a certificate.

Reduced cataloging work on hand by a third, making registration records more rapidly available via the internet.

Recorded 16,103 documents containing 300,000 titles and halved document processing time.