 In essence, Michaels was traded for the right to use Oswald on t-shirts, in video games, and other merchandise.The deal included the trademark rights to the character and the copyright of the specific episodes of the original short films that they did not fail to renew made and produced by Walt Disney.The rights to the Winkler and Lantz/Universal-produced Oswald films were retained by Universal and other products related to the character were not included in the deal.