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A copyright transfer agreement is essential for businesses because, under copyright law, the creator of content retains ownership, even when paid for their work, such as logos, photos, or videos. This agreement ensures that the creator formally transfers their copyright rights to the business. An example is Sweetwater Brewery, which, after paying a friend $500 to design their logo, was later sued by the friend for $30 million when the brewery was sold for $300 million. This highlights the importance of securing all rights in writing before any payment is made to avoid future disputes over ownership.
