Lack of protections didn't stop Homer and a "few" others.
replyUnless you were paid during those five years
replyWho's going to pay you to work for five years for a book that has a two-year commercial window, and even for that many people won't buy it until another company that just does printing sells it for half price two years from the first published date?
replyWell, if you could somehow guarantee that your book would sell enough copies in that two-year window to make a million dollars profit, it would make sense to pay you a reasonable salary for the five years it takes you to write it. It's not completely implausible that people would pay for something that could be had for cheaper soon, considering that there are grifters selling "new editions" (with a publication date in the future, to game recency-biased search algorithms) of out-of-copyright works that are available for free elsewhere.
replyThe real problem is that it's hard to predict the commercial success of a creative work, especially when it doesn't exist yet. Publishing is a hit-based where most books barely sell, but then a few make more than enough to cover the losses incurred by giving long-shot authors a chance.
With much shorter copyright terms, I guess only sequels of already-popular works would get significant funding.
I’m pretty sure they meant the “post death” copyright, considering the context.
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