Of course it does, don't be myopic.

There is a very good reason that we all read the same copy of Orwells' 1984: because the copyright was enforced to ensure the work was not altered. This is ++good.

That the originator/owner of the copyright is still able to assert agency over their works is the end result of copyright being used effectively. That some choose to end the lifetime of their works, an entirely acceptable result of the policy mechanism.

I still maintain that its utility in preserving works outweighs the history of works being lost due to originator/owner agency. I concur, however, that there are better ways to accomplish this in this day and age ... information does want to be free, after all.