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These excerpts taken from the SOHU 10-K filed Feb 28, 2008. Online Audiovisual Products Distribution On November 25, 2006, the newly amended Measures for the Administration of the Wholesale Retail and Rental of Audiovisual Products were promulgated by the Ministry of Culture as Decree No.40 and were effective as of December 1, 2006; the original Measures for the Administration of the Wholesale, Retail and Rental of Audiovisual Products were repealed. The new measures substantially amend the old measures by lowering the requirements related to market access, business premises size and number of full-time staff, by canceling restrictions on the registered capital of entities distributing audiovisual products, and by encouraging diversity in business models. On August 10, 2004, the Beijing Cultural Bureau (the local arm of the MOC) issued to Sohu Internet an Audiovisual Products Operating Permit authorizing the online distribution of audiovisual products. In addition, the 2003-2010 Development Plan for the Cultural Market, issued on February 20, 2003 by the MOC, outlines the MOC’s plans to initiate an electronic administration system for the distribution of audiovisual products online. Although no specific legislation has been issued in this regard, we are aware that further administrative approvals may be required in the future in connection with our online audiovisual product business activities. Online Audiovisual Products Distribution Ministry of Culture as Decree No.40 and were effective as of December 1, 2006; the original Measures for the Administration of the Wholesale, Retail and Rental of Audiovisual Products were repealed. The new measures substantially amend the old measures by lowering the requirements related to market access, business premises size and number of full-time staff, by canceling restrictions on the registered capital of entities distributing audiovisual products, and by encouraging diversity in business models. On August 10, 2004, the Beijing Cultural Bureau (the local arm of the MOC) issued to Sohu Internet an Audiovisual Products Operating Permit authorizing the online distribution of audiovisual products. In addition, the 2003-2010 Development Plan for the Cultural Market, issued on February 20, 2003 by the MOC, outlines the MOC’s plans to initiate an This excerpt taken from the SOHU 10-K filed Mar 8, 2007. Online Audiovisual Products Distribution On November 25, 2006, the newly amended Measures for the Administration of the Wholesale Retail and Rental of Audiovisual Products were promulgated by the Ministry of Culture as Decree No.40 and were effective as of December 1, 2006; the original Measures for the Administration of the Wholesale, Retail and Rental of Audiovisual Products were repealed. The new measures substantially amend the old measures by lowering the requirements related to market access, business premises size and number of full-time staff, by canceling restrictions on the registered capital of entities distributing audiovisual products, and by encouraging diversity in business models. On August 10, 2004, the Beijing Cultural Bureau (the local arm of the MOC) issued to Sohu Internet an Audiovisual Products Operating Permit authorizing the online distribution of audiovisual products. In addition, the 2003-2010 Development Plan for the Cultural Market, issued on February 20, 2003 by the MOC, outlines the MOC’s plans to initiate an electronic administration system for the distribution of audiovisual products online. Although no specific legislation has been issued in this regard, we are aware that further administrative approvals may be required in the future in connection with our online audiovisual product business activities. | EXCERPTS ON THIS PAGE:
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