I think copyright law should be different for originators vs. owning individuals vs. legal entities. Once the legal rights of a work are separated from the originator, the work should pass to the public domain faster.
Which harms the originator since a potential buyer can't realize as much value for the purchase of the IP. If the originator isn't in a position to exploit their creation directly, their ability to offer it to someone who can is reduced. So the extended time an originator could hold on to it would only serve larger originators; smaller creators would see their work devalued.
I think you misunderstand what I mean by originator: the actual creator of the work. There are no large or small originators because an originator can only be an individual.
If a company or different individual hires someone to create work for them, the work would transfer from the originator to the company or individual, thus putting it on the faster track automatically.
So, if I create art and sell it online directly to customer, I get the longer protection, but once I register as a one-person LLC, my copyright becomes shorter? Or am I still the originator, and it only shortens once I hire another person? Or do I keep the longer protection as long as the company is 100% originator-owned, and only lose it after someone else buys a share?
An originator could lease their work, but only as long as they own the rights to it. Perpetual leases wouldn't be possible. When an originator dies before their copyright does, for instance, the work is transferred to a separate entity and thus has a defined time limit.