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A new IEEE working group has an ambitious plan to change this and return control over "digital personal property" to consumers. DRM's electronic tethers would be cut, but rightsholders would not need to remove all limits on sharing. Instead, digital personal property enables the same sort of private sharing that is easily possible with physical objects while still preventing worldwide mass distribution.
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The stated goal of DRM "preventing worldwide mass distribution" has been nothing but a red herring from the beginning. That's the reason they tell the public they are using DRM in order to get the public to accept it. The REAL reason they are using DRM is to "give control over digital personal property to distributors".
DRM is useless for preventing piracy, but it does a great job of taking away fair use from legitimate customers.
This working group might have noble goals in mind, but it's pointless. If you take away the things DRM is really for (consumer rights restriction) and focus it on the things that it is completely unsuitable for (copyright protection), then you're left with nothing.