Yes, it does, but doesn't necessarily grant copyright for the content of the photograph.

I can sell a photograph of that statue, and be protected from copyright claims IF my work meets the Fair Use standard. I can also give you permission to use my photograph commercially. However you may not use it yourself commercially without permission of the statues copyright owner. The copyright owner can restrict it's usage outside of those covered by the Fair Use doctrine.

Two examples:

If I take a picture of of a person, I own the copyright for that image. I can sell it to you, but what you can do with that image is limited. You can use it privately, but to publish it in say a magazine, you would need a model release form. You have the rights to use the image, but not to the subjects likeness. There are cases where no release is needed, such as the case for photojournalism, or when the figure's likeness is already in the public domain (i.e. a politician, or another type of celebrity).

The lightshow & fireworks show at the Eiffel Tower in Paris is a copyrighted work. Pictures of it can be used for personal use, but commercial use is prohibited. In order to use a picture of the light show commercially, you must obtain permission (aka a license) from the Eiffel Tower Society. They have explicitly restricted the use of lightshow pictures. [1]

As an aside, this is one of my beefs with Getty Images. It allows people to upload photographs to which they do not actually have all the rights to, and Getty then sells a license to use it.

1: https://alj.orangenius.com/night-photos-eiffel-tower-violate...