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Yet more examples of how copyright destroys culture rather than driving it
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The current copyright system is absurd, but protecting an artist's work in the short term is what copyright was meant for originally. 70 years post death is way beyond ridiculous, but something like 5 years from conception makes sense. That way a creator gets a short period to profit off their work while it's protected, and then it would enter public domain and anyone could do as they wish with it.
Unfortunately it would still allow a situation where someone presents a screenplay to a studio, and gets turned down, and then 5 years later the studio makes a movie from that screenplay and makes a billion dollars without the creator getting anything from it. That's what copyright is meant to prevent, but it has definitely gotten twisted and corrupted over the years, mostly thanks to Disney.
Exactly. I don't have a problem with artists profiting from their work. I don't have a problem with their temporary exclusivity. The problem I have is when they never intend for that work to belong to the people; when they think they can maintain control over an idea long after it has become "culture".
For the problem you mention, I would suggest that any studio who has been offered the work during the five year period owes royalties for a 5-year period after the studio publishes the work, even if it has since entered the public domain. Something along those lines would likely become a standard clause between the screenwriter's guild and the studios, and doesn't necessarily need to be enacted in law.
I wouldn't be opposed to a longer period for some major works. Start with a standard, 5-year period from the time of original publication, then allow an extended copyright registration with an exponentially increasing annual fee. A few additional years would likely be affordable. The fifth, possibly. The sixth, only for the most profitable franchises, and the seventh being a large fraction of the national GDP. If James Cameron wants to pay for the entire military establishment through the proceeds of Avatar III, he can get one more year of protection.