The Pirate Party on Copyright Reform (2010)
&gt;  But today’s protection times — life plus 70 years — are absurd. No investor would even look at a business case where the time to pay-back was that long.<p>This is something that should resonate with the HN crowd. The heart of the problem is that the law treats big media and the independent artist the same way. Instead of the flat 5 year copyright term for every piece of work, I think a system that works better is that after 5 years, the copyright on an item can be annually extended by an year using a small fee - say the original sale cost x 10.<p>The independent artist can renew the few items he has created easily at this small price. But Big Media houses, who own the copyright of tens of thousands of items will have to release any items that no longer sell and do not directly compete with their current offerings.