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For those trying to parse this thread (like myself), "perpetual copyright" refers to the "CLASSICS Act" that's bundled with the Music Modernization Act. It retroactively extends federal copyright protection to recordings from 1923 to 1972, up to 2067 for recordings between '57 and '72.

IMO it's not the worst, but it opens the door to more Mickey Mouse antics further down the road.

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This is the biggest issue I see with the act, but I don't think it's too terrible.

'57 recording will end up with 110 years of copyright instead of the normal 95, but 1923 recordings will unambiguously enter public domain three years from now.

In return, we get pre-'72 music standardized under federal copyright law. It'll streamline licensing, and given that state copyright laws can allow for perpetual copyright, I'm hopeful this still represents a modest improvement.

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