Im thinking... if copyrighted software works on a "per-license" basis... whats the point of having your software closed sourced then?

You "open"-source it, and give access to the code and a license to use your software to those who pay. Easy. It wouldnt be "open", but at least people would have access to the source.
@enigmatico b-b-but our competitors will steal our code! And people might actually look at the code an see how shitty it really is.