A Content Ownership Agreement is a legally binding document that sets the parameters of how content is treated and used by its owners. It outlines who is responsible for any content created or owned by them, what can be done with such content, and the terms and conditions of its usage by external parties. The agreement should also include provisions for copyright infringement, in order to protect a business’s intellectual property. In short, it ensures that all stakeholders involved in a project understand the ramifications of their actions, and help prevent costly disputes down the line.