Copyright is important for several reasons. It protects creators' rights to their original works and allows them to profit from selling or licensing those works. This provides financial incentive to create new works. Copyright is also a legally protected right, so creators can pursue legal action if others infringe on their copyright. Additionally, copyrighted works can be valuable assets that creators can transfer or pass down as part of their estate. Overall, copyright laws aim to promote new creation by giving authors control over their works.