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In this segment, attorney Joshua Calvin discusses copyright licenses and assignments. He explains that a copyright owner has the right to decide how their work is distributed and who can create derivative works. If the owner sells all their copyright rights to a third party, this is known as an assignment. It's crucial to note that copyright assignments must be in writing; informal agreements like handshakes, oral contracts, or customary practices are insufficient. The written document does not need to be lengthy or complex but should clearly transfer ownership of the copyright from one party to another.
