If you're watching a movie in a group with your family and friends in your home, there is no issue under copyright law. Most movies are intended for personal, private viewing only. This is because a copyright grants the copyright holder the exclusive rights to distribute copies of the movie and show it publicly. In particular, you generally cannot show the movie to the public without permission or a license. You are free to watch the movie for your personal entertainment, but your rights to show the movie to a group are more limited. When you buy, rent, or stream a movie, you obtain a copy of that movie, but you do not receive the underlying copyright to that movie.
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