Re:HBO Max’s Great Looney Tunes Purge
by taneq on Monday January 16, 2023 @01:49AM
(#34397642)
Of course you do, because even if you're gonna sell it in one year, the amount you can sell it for is going to be determined by its long term value.
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Ok. What's the long term value of farm land? It's going to last forever so it's value should be approaching infinity right?
Or is it based on a 10 year ish payback, with some modifiers for interest rates, the prospect of getting planning permission?
Companies do not think that long term. They are not basing their investment decision on the residuals after 10 years, much less 70
Further what's the point of copyright? Is it to post hoc reward those that have already made successful things? Or is to encourage the creation of new works? If it's the latter, then the value after a year is entirely irrelevant.
Further most new works basically make all their money in the first 12 months. 95% of copyrighted works are basically worthless after 12 months. So again you're just optimising this for a handful of big companies.