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In this segment, Sky Morton discusses copyright transfers under U.S. law, introducing the concept of the "baloney theory of copyright," which suggests that copyright can be divided into various exclusive rights. When a right is transferred, an interest in the copyright is given away. For instance, granting someone the exclusive right to exploit a video in a specific location for a limited time is an example of this division. Exclusive rights transfers must be documented in writing and signed by the original copyright owner. Ultimately, owning copyright means retaining all rights that have not been transferred.
