What rights does copyright grant to the holder?

“Copyright grants its holder certain rights.”

What rights does copyright grant to the holder?

“The right to produce copies or reproductions?

No, the holder already can do that. He does not need the government to tell him that he can.

“The right to make adaptations and derivative works.”

No, again the holder already can do that.

“The right to perform or display the work publicly?”

Again, this isn’t a right being granted to the holder, he is permitted to perform the work as he sees fit.
None of these rights are granted to the holder by copyright law; they exist independently. What copyright law does is take away the rights of everyone else to do these things
http://www.techdirt.com/articles/20120908/13441520319/funniestmost-insightful-comments-week-techdirt.shtml#c1877

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