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It totally works for media. Just need a law that says, if a work is published, anyone can distribute it for the same fair licensing fee. That’s the way “cover” music works - any cover band can play any other musician’s work. Nobody can refuse them that right. Then the venue where they perform pays a flat fee to an agency for the license. This doesn’t work great in music, but we could create a better model for streaming. it’s not impossible.
Musik industry has an extra layer of rights management companies that deal with exactly that issue. So I agree, we could create a legal framework or even an industry self regulating system to work that problem out. But I kind of said that already: