I'm fairly certain that would not work at all for media such as sci-fi/fantasy books, where a system like this would result in people just forever reading older books which are free and effectively kill the market.
There is a limited amount of time to read in a day and the amount of 10+ year old content that is still amazing is more then anyone could ever read, and it's hard to compete with free.
I think video games is actually kinda an anomaly when it comes to copyright because they have been, on average, getting better and better then games released even in the recent past, mostly due to hardware getting better and better. Also any multiplayer game has the community issue where older games tend to no longer have a playerbase to play with.
Same could be said about movies/tv shows that rely on CGI up until somewhat recently where the CGI has pretty much plateaued.
I think the sales of books is pretty much uncoupled from the supply or price, as piles and piles of great books are available for free online or at the local library.
More recorded shows exist than any one man can watch in a lifetime, and yet there are multiple concurrent series ongoing right now.
I think the real kicker is that IP law was built around things like books, that don't suddenly stop working or need to be maintained, etc. Modern laws should take software into account and deal with it differently.
There is a limited amount of time to read in a day and the amount of 10+ year old content that is still amazing is more then anyone could ever read, and it's hard to compete with free.
I think video games is actually kinda an anomaly when it comes to copyright because they have been, on average, getting better and better then games released even in the recent past, mostly due to hardware getting better and better. Also any multiplayer game has the community issue where older games tend to no longer have a playerbase to play with.
Same could be said about movies/tv shows that rely on CGI up until somewhat recently where the CGI has pretty much plateaued.