Yes. Intellectual property is imaginary property, based on the lie of artificial scarcity. We could easily tolerate this arrangement though if the terms were reasonable enough. After a while, the works would enter the public domain and things would be as they should be. Seems like a small sacrifice in order to ensure creators can be rewarded via the familiar product sales model.
Unfortunately, these intellectual property holders turned out to be rent seekers. They create successful works, make their money. When it's our turn to reap the public domain benefits? They refuse to allow it. They lobby the governments for extensions. Copyright durations are functionally infinite. They want to extract value out of their imaginary property forever.
Can't remember the last time a movie I watched entered the public domain. Don't think I'm ever going to see it within my lifetime. They don't respect our public domain rights. Why should we respect their imaginary property? Let's stop pretending their products are artificially scarce because they aren't. Everything is public domain.