> They could very easily end up competing against each other by making 2 or 3 movies of the same thing, which lowers their overall return, and is a bad deal for everyone.
Public domain is not new. They already have this situation now, and usually avoid this, probably for exact this reason.
> This lets the long-term copyright winners continue to win for most of their lifetime
Seems not very reasonable to support the rich and paywall the poor.
I agree public domain is not new, and they do have this problem today. It's generally 1st mover advantage that wins and the rest give up the project, since they know they probably can't beat them to market and get good market share. That's not always the case though.
If you are poor, then there is zero reason to renew the copyright, you clearly aren't making any money off of it. I view it as a tax on the copyright, it could even be implemented that way, say 10% of your take rate or something.
Public domain is not new. They already have this situation now, and usually avoid this, probably for exact this reason.
> This lets the long-term copyright winners continue to win for most of their lifetime
Seems not very reasonable to support the rich and paywall the poor.