We all are bound to the copyright laws, but they are long and complicated. This series of videos produced by my old friends at CIPPM / Bournemouth University are worth watching.
These are really good videos to watch and share as they cover different aspects of how copyright has an impact on what we do, as professionals or individuals, and are worth sharing with colleagues and students (especially the last two on libraries, DRM, and license agreements).
This first one deals with a basic introduction to copyright law on YouTube:
The rest of the series covers other aspects of modern life and how copyright ‘infringes’ on what we do (or don’t do):