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[Music] this is sky Morton this segment is on copyright transfers and the formalities requirements to do it again were doing u.s. US law we call the transfers the baloney theory of copyright because you can slice up copyright into infinite pieces of the baloney the copyright and any time that you transfer to anybody any exclusive rights in the copyright you are transferring an interest in the copyright so if I say to you you have the exclusive right to exploit this video in Los Angeles for the next 10 hours Ive carved up a piece of the Bologna and Ive handed it to you and youre the proud owner of an interest in the copyright and it is to be distinguished from a non-exclusive grant of Rights which is a license all exclusive grants of an interest have to be in writing and have to be signed by the owner of the original interest in copyright what does it mean to own the copyright to own copyright simply means everything else that I havent given away I want to give you an example of a