Discussion of formulating a collection development policy for audiovisual materials in academic libraries highlights reasons for collecting media, audiovisual equipment, audiovisual forms collected, films, video, computer software. "Undergraduate Libraries Newsletter" statistics reporting audiovisual holdings (audiocassettes, films, video, records) for 12 academic libraries (1976, 1979, 1981, 1983) are appended. (8 references) (EJS)