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This module discusses the transfer of copyright ownership and the licensing process under copyright law. Initially, all rights related to copyrighted works are granted to the creator. The copyright owner has the freedom to publish, duplicate, or distribute their work and can transfer some or all of their rights to others, even to multiple parties simultaneously. The transfer of ownership is referred to as an assignment, which differs from licensing; licensing allows another party to exercise specific rights without a complete transfer of ownership. The module also covers the benefits of copyright registration and the implications of these transfers.