Disney and Electronic Arts employs hundreds of thousands of employees that gets to enjoy their salary. They are paid through the IP. How is that not IP working as intended?
Without copyright, and especially century long Mickey Mouse copyright, it's easier to open your own smaller amusement park that competes with Disneyland, this will employ a lot of people outside LA or Orlando area. Plus I will still buy my games and movies from reputable sources that are fair to content creators. If some poor college students can't afford that, maybe it's good they can get a break.