5 years is probably at the lower end of actually extracting a large fraction of total value on most works and yet not hampering cultural remixes.
Well, that's one way to look at it. The other way is that it merely limits how much it can be sold for on month 17. When I was in high school, one of the big malls had a dollar-a-ticket movie theater. People would pay for things that are more easily/cheaply available soon, they just won't pay the premiums demanded now.
But there's a third way to look at it... the idea that they never owned the intellectual property anyway. It always belonged to the public domain, they had a temporary lease. And in that view, the idea that they'd have trouble extracting maximum dollars from it on the day before the lease ends is absurd. No one cares, nor should they care.
>I’d be tempted never to pay for another movie again a
Why aren't you tempted for that now? I gave in to that temptation, and it is the superior experience. I can do all the streaming I need, to any of my devices (or my friends' devices) anywhere in the world. Everything on demand, from every premium channel and streaming service, in the highest resolution. Every minute or every day. I read comments here and elsewhere about people complaining how they have to cancel Netflix, the show's over, but they have to resubscribe to Disney because the new show's on, etc. It's all bizarre. The stuff you guys are willing to put up with is mind-boggling.
>5 years is probably at the lower end of actually extracting a large fraction of total value
You should be concerned with whether they can extract their costs, plus modest profit. Not "value". The magnitude of the grift in the industry that gave us the term "Hollywood accounting" is beyond human imagination or capacity to comprehend. Stop enabling that.
Ethics
> You should be concerned with whether they can extract their costs, plus modest profit.
The creative industry isn’t wildly profitable. Slash the amount of money movies/books/etc make on average and you dramatically reduce the amount of movies/books/etc published.
After all we could totally remove copyright, but then you don’t get leech off the fruits of other people’s labor if they never preform that labor.
Published for profit.
There are numerous other incentives to produce books.
Schopenhauer has something to say about publication for profit:
<https://en.wikisource.org/wiki/The_Art_of_Literature/On_Auth...>
There are a lot of profits in the industry, but as I think you're alluding to, not a great proportion of those profits go to the creators.
I want a model where I can compensate artists and creators (up to and including producers) equally to (or better than) the distribution and marketing arms. This can be cobbled together in some cases, but not simply.
