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This module discusses the transfer of copyright ownership and licensing under copyright law. Initially, all rights to copyrighted works belong to the creator. The copyright owner can publish, duplicate, or distribute the work and may transfer all or parts of their rights to others, including multiple parties simultaneously. The module differentiates between transferring ownership, known as an assignment, and licensing, which allows another party to exercise specific rights without complete ownership transfer. The process and benefits of copyright registration are also covered, highlighting the importance of understanding both ownership transfers and licensing in copyright management.