Type: noun
Pronunciation: /ryts-uh-sine-ment/
Also spelled or known as: Assignment of Rights, Transfer of Rights
Plural: Rights Assignments
Related: Copyright Transfer
What does Rights Assignment mean? The transfer of ownership rights from one party to another.
An Assignment of Rights is a legal agreement in which a copyright owner transfers some or all ownership rights to another person or organization.
In music, assignments commonly occur between songwriters, publishers, record labels, producers, and investors.
Once assigned, the receiving party may gain control over licensing, royalty collection, enforcement, or other ownership rights depending on the agreement.
Rights Assignment synonyms: Assignment of Rights, Rights Transfer, Copyright Assignment
Example sentence: “The artist signed a rights assignment transferring all of her copyright ownership and licensing royalties to the label.”
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