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This module discusses the transfer of copyright ownership and licensing under copyright law. Initially, all rights associated with copyrighted works belong to the creator. The copyright owner can publish, duplicate, or distribute the work and has the option to transfer all or part of their rights to others. This transfer can occur simultaneously with multiple parties. The module clarifies the difference between transferring ownership, known as an assignment, and licensing, which permits others to exercise specific rights without transferring full ownership. The process and benefits of copyright registration are also addressed, emphasizing the importance of understanding these aspects for optimal copyright management.