Derivative works are where most off the societal value lies. Something like videogame publishers owning any footage of their game being played is absurd.
You seem to be forgetting about derivative works.
Or mashups - perhaps your Columbo novel could feature Mickey Mouse...
Let me tell you about it. There are three interleaved narratives.
One is about an elderly actor who played the TV role for so long that he's no longer sure if he's an actor or the actual detective. The second is about a real life police detective called Frank Columbo who is plagued by his identity with the fictional detective and who he resembles in almost every particular. The third is about the actual Columbo.
All three are simultaneously solving different murders, all of which have their exposition up front - in the classic Columbo style.
We did it Red.. HackerNews :)
For copyrights, in the purest form, what do you really get from letting it expire? The only really tangible benefit is to allow people to obtain the work without having to pay anyone, and (theoretically) make it easier to preserve and distribute orphaned works without the permission of the creator. It seems like as a lawmaker, it's really not that hard to rationalize saying "I can pass this legislation, extending copyright, or I can directly cause Disney to forfeit X million dollars in revenue".
At least with a patent expiration, you can counterweight that by saying "I can extend the patent, and Boeing continues to get X dollars, or I can allow the patent to expire, and other companies get to use that invention to make Y dollars." The tradeoff is a little clearer.
I would love to see better rules for copyrights moving to the public domain, not so much for the sake of Mickey Mouse, but rather for obscure and orphaned works, as well as simply decreasing the cost for the consumer to improve accessibility. But it's very easy in my mind to see why this is unlikely to happen.