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This module discusses the transfer of copyright ownership and licensing under copyright law. Initially, all rights related to a copyrighted work belong to the creator. The copyright owner can publish, duplicate, or distribute the work and has the ability to transfer all or part of their rights to others, even to multiple parties simultaneously. Transferring ownership is referred to as an assignment, while licensing allows another party to exercise specific rights without a complete transfer of ownership. The module covers the process and benefits of copyright registration, outlining the differences between assignments and licenses.