A Film Library is a repository of films, motion pictures, videodiscs, videocassettes, and any other materials stored on film. Film libraries are normally set up for entertaining audiences and the general public as well as for education. Such libraries also serve as reference repository. The content and information in a Film Library, beyond the buildings and other tangible assets, constitute an intangible asset which can be valued by business valuators. As an intangible asset, a Film Library can be recognised, separated and generate economic benefits which can be accurately measured in terms of fair market value. To value the fair market value of film libraries, business valuation analysts apply techniques under the market, asset and income valuation methods.