I want to set a folder such that anything created within it (directories, files) inherit default permissions and group.
Lets call the group "media". And also, the folders/files created within the directory should have g+rw automatically.
I found it: Applying default permissions
From the article:
Next we can verify:
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You can run find and give it chmod +whatever as execute argument.
You should be able to find the post that contains the exact information when you search on ubuntuforums for user witchcraft and permission or chmod