Fair use law allows use of copyright property for limited purposes without asking for the permission of the copyright holder. Parody will not be considered an infringement under fair use laws.
Copyright provides the originator with a legal right to have complete control over its material or property for a certain number of years. The material can be text, film, music, computer programs, etc.
Parody means imitating a literary or musical work to generate humour.
Parody or criticism of copyrighted works is permitted under fair use law, but only for limited purposes.
As a result, the statement is true under fair use law; parody is permitted.
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