Proponents of the tangible-object theory of copyright argue that copyright and similar intellectual-property rights can be explained as logical extensions of the right to own concrete, tangible objects.
Main Point But while this account seems plausible for copyrightable entities that do, in fact, have enduring tangible forms, it cannot accommodate the standard assumption that such evanescent things as live broadcasts or sporting events can be copyrighted (Third Paragraph).
Passage Map P1 - Describe the tangible object theory. P2 - Outline the perceived support for the tangible object theory. P3 - Point out the inadequacies of the tangible object theory.