Here's a 17-page legal PDF titled
The Satire/Parody Distinction in Copyright and Trademark Law. Here's a key paragraph:
Quote:
After concluding that parody could be considered fair use, the Court
quickly qualified its holding: if the new work “has no critical bearing on
the substance or style of the original composition, which the alleged
infringer merely uses to get attention or to avoid the drudgery in working
up something fresh,” the work is less transformative, and other fair use
factors, such as whether the new work was sold commercially, loom
larger. Id. at 580. The Court explained further that while a parody targets
and mimics the original work to make its point, a satire uses the work to
criticize something else, and therefore requires justification for the very
act of borrowing. See id. at 581. As a result, the Court appears to favor
parody under the fair use doctrine, while devaluing satire.
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