Love it or hate it, correct licensing is an important component of every free software and Open Source project. This is especially true as an increasing number of corporations are adopting and distributing Open Source applications and code. This talk will therefore give an overview of the current state of Open Source licensing, discussing topics such as common ways of adding licensing information to a project, as well as copyright agreements such as Joint Copyright Assignments (JCA). The talk will also look at ways of identifying licensing information in code, using tools like FOSSology. Finally, ideas for improving the current state of Open Source licensing will be proposed, such as joint efforts to improve unclear licensing information and the development of standardized ways of conveying licensing information.