IP allows authors to require values of content to be preserved, recognized, and financially rewarded(in one-time or recurring payments).
In the absence of IP, printing companies can take manuscripts and contents to profit off of copies free-for-all style, bankrupting manuscript writers.
However, it was NOT designed to protect interest of multinational megacorporates, causing individual contributors to be ignored and paid for presence in its making than input in the product; such use of IP is basically a polar opposite of its intent.
We should stop allowing corporates to take ownership of IPs.
J.K. Rowling enjoying her life is fine, that is intellectual property as intended. “(C)Disney” or “(C)2023 Electronic Arts. All Rights Reserved.” is not. Those latter cases is how and where IP laws are not working as intended.