The reason this doesn’t work is because there is no agreed price for someone’s time. If I research for a book for 20 years while I was living on my normal paycheck how much money should I make before relinquishing my copyright? If I paint a breathtaking picture in 5 minutes on a napkin I will abolish my copyrights after selling a copy for 3$?
I imagine there would be a blanket amount that covers small creators. Something like $200,000. Now if a movie studio claimed that a new movie costs $150 million to produce then they’d would have to show the accounting for that. If they could then they would be entitled to maybe $225 million ($150 million + 50%) before the movie goes into public domain.
The reason this doesn’t work is because there is no agreed price for someone’s time. If I research for a book for 20 years while I was living on my normal paycheck how much money should I make before relinquishing my copyright? If I paint a breathtaking picture in 5 minutes on a napkin I will abolish my copyrights after selling a copy for 3$?
I imagine there would be a blanket amount that covers small creators. Something like $200,000. Now if a movie studio claimed that a new movie costs $150 million to produce then they’d would have to show the accounting for that. If they could then they would be entitled to maybe $225 million ($150 million + 50%) before the movie goes into public domain.