Copyright is a legal term which refers to an individual or group ability to claim legal ownership of something for example a photograph, a piece of music or a book.
It is also there as a protection for the publisher as they can take people to court over the material being published without permission.

There are many advantages such as
-The publisher can enforce the full extent of the law regarding the material being used if permission has not be asked.
-Gives you protection of your work
-Right to authorize the work

Main disadvantages are
-Doesn't allow the user to share the work
-You must actually own the material to enforce your right.

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