Extended Copyrights in 1976 stated that after the authors death the copyright would last for fifty years and for a major corporation it would last for seventy-five years. This act was then extended to 95 to 120 years for corporations. This act is also knows as the Mickey Mouse Protection Act. This law basically "froze" the advancement date for the Untied States public domain where any works that had a copyright date would then be extended. Under this Act, works that were made in the year 1923 and afterwards that were still protected by copyright in 1998 would not enter the public domain until 2019 or afterward, depending on the date of the product, unless the owner of the copyright releases them into the public domain prior to that or if the copyright gets extended again.
Work that is completely original should always belong to the author. Mickey is a great example of this; Disney owns Mickey because of the fact he came up with it. If Mickey fell into the public domain people would create work that would sell a hundred percent due to the fact that Mickey is such a well known character. Disney would not get a single dime for this iconic charter that he created. It is not fair for the creator to lose control over who gets to use his work.
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