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Most films for home video in the US begin with an FBI warning that includes some variation of this message:

enter image description here

Licensed only for non commercial private exhibition in homes.

Any public performance other use or copying is strictly prohibited.

All rights under copyright reserved.

What is the difference between a "private exhibition" and a "public performance"?

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A private exhibition is one to which specific individuals are invited, as opposed to a public performance which is open to anyone, or perhaps to anyone who buys a ticket. A private exhibition will not usually charge admission, either, although some public performances are free of charge, so that cannot be the criterion.

An ordinary commercial theater showing is a public performance.

In this case, however, the further restriction "in homes" is added, so only private exhibitions in a private home are authorized. Also, the limitation "non-commercial" is added, so any gathering that charges admission will not be in accord with the license.

In short, such recordings may be played for a gathering of family and friends in a private home, with no charge for admission, but not for some event open to the public, nor for any event in a public space, as opposed to a home.

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    The "private homes" clause is presumably there to prevent a club from doing an end-run around the need to buy a commercial license. – Paul Johnson Mar 25 at 10:56

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