>and thus content creators lose a lot of views and money //
I think this sort of reasoning is largely fallacious. Just because people view your stuff doesn't mean that if you're successful in locking it down that they'll then pay to view it.
I feel the media companies know this and that's one reason they demand ever increasing copyright terms - to avoid older content eating in to current profits.
This isn't even about paying. People viewing videos you made on Youtube is already lost revenue, since none of the ads FB shows go to you. They only go to the person who stole your videos.
And be definition this can be seen as a loss since the viewing itself is the revenue generator.
This isn't even true with the copyright claim system, where the claimant gets all profits from youtube even if their content was only featured for 5 seconds in a 30 minute video.
Just to add: Just because people view your stuff for free doesn't mean that won't entice them to pay for it later, or that they haven't already paid for it.
I think this sort of reasoning is largely fallacious. Just because people view your stuff doesn't mean that if you're successful in locking it down that they'll then pay to view it.
I feel the media companies know this and that's one reason they demand ever increasing copyright terms - to avoid older content eating in to current profits.