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RE: EXISTENCE of Steem and Steemit UNDER THREAT - Hollywood Blockbusters Published by Steemians on Steem and Steemit
A time limit to IP could be a good solution for digital content, that gives the content creator/owner the opportunity to monetise while it also allows re-publishing and re-use of the content to increase value and/or drive new value without to fear a strong arm (after a set time, eg 1 year). Makes sense such ruling and more or less in line how this is arranged in current laws for eg physical art, I think in Europe we have the rule that after 75 years of dead of the artist, the IP on art is automatically removed.
Hear in the US there also time limits pertaining to various forms of media. The more obvious that many heard about is in the music field.