Section 107 of the Copyright Act, entitled, "Limitations on Exclusive Rights: Fair Use," is the statutory codification of the fair use doctrine. This judicially developed concept strives to balance the public's need to know and be informed against authors' incentives to create. The copyright law contemplates that fair use of a copyrighted work without permission shall be for purposes such as (1) criticism and comment, (2) parody and satire, (3) scholarship and research, (4) news reporting and (5) teaching, and that such fair use will not result in the infringement of a copyrighted work.