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Copyright is an intellectual property (IP) right, similar to tangible property rights. Just like tangible property, IP rights can be transferred to others. This tutorial discusses licensing versus assignment of copyright. A license allows others to use the copyright while the original owner retains ownership. In contrast, an assignment involves the copyright owner transferring rights, effectively selling them, making the assignee the new owner. It's important to note that the assignee may not be the original author, as they might acquire rights through an assignment. Understanding the distinctions between licensing and assigning copyright is crucial.