In the past when culture was stored on paper and transferred by the human voice, and copyright terms were very small this was less of a problem.
On the other hand we are still preserving more than we ever did in the past
SEWilco writes "A study by the Library of Congress has found that many audio recordings are being lost due to copyright restrictions and temporary media. Old audio recordings are protected by a various US state copyrights, so it's hard for preservationists to get and copy material...
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