I'm quite intrigued by the public ownership of intellectual property in modern society. This has nothing to do with communist theory's "ownership of the means of production in common," but ownership based on merit.
For example, if Metallica produced shit under their band name, they don't deserve to be called "Metallica" anymore, some other band who can deliver the metal goodies can use that name instead.
The same goes for other intellectual properties, if Ian Flemming can't write good James Bond novels anymore, let other worthy writers be given the chance to write about the British spy. Public ownership renders the validity of licensing and copyrights null and void because commercial possession of intellectual properties is based on money and profits, not if any product has quality whatsoever.