Can the exclusive rights under copyright be assigned to another party?
Any or all of the rights encompassed within a copyright may be transferred to another party, but a transfer of exclusive rights is not valid unless that transfer is in writing. Transfer of a right on a nonexclusive basis does not require a written agreement. Copyright may also be conveyed by operation of law (for example, a corporate merger, or as a result of bankruptcy), and may be bequeathed by will or pass as personal property.
