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The module discusses transferring copyright ownership and licensing under copyright law. Initially, all rights associated with copyrighted works are granted to the creator. The copyright owner can publish, duplicate, or distribute their work and has the freedom to transfer all or any portion of their rights to others, potentially to multiple parties simultaneously. The text differentiates between transferring ownership rights, known as an assignment, and licensing, which allows another party to exercise certain rights without full ownership transfer. The module emphasizes the process, benefits, and implications of copyright registration and the various forms of ownership transfer.