Accountability becomes impossible with decentralization, and small decentralized distributors can be easily intimidated with copyright-related legislation. This is partly why p2p fizzled.
Internet change will require political change, such as rolling back various copyright legislation. For example, limiting to 20 years (like patents) and several others. The consequences of this would be to erase the book-value of the rights holding companies.
But decentralized media can not be held accountable to society/politics like for example Youtube. I suspect this is the underlying political motivation, not so much charity to Disney.