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Nowadays, company incorporate DRM and can stop you using the software even you brought it and should has valid licence.
This should be prohibited by law and, even the company closed, it should guarantee the license will be working or open the software w/o DRM. Otherwise., the company should not sell any digital goods with DRM. It doesn't matter how the company state the license agreement as it is just a SCAM. I own a license not a rent of license.
You buy a game, you SIMPLY have the RIGHT TO USE IT and that's it. This has ALWAYS been the case.
You have NEVER had, NOR WILL YOU HAVE, and it is also LOGICAL, rights or permission over the material itself. Neither the models, textures, music, code, etc. will ever be yours.
There is no discussion or controversy with this.
Regarding the fact that they can revoke a license of use etc. etc., it is something that is always there to cover certain cases, but it is something that has not happened nor will happen unless there is a real abuse in such a way that the person's permission to use it has to be withdrawn.
And the same thing happens with PHYSICAL GAMES. You have the plastic piece of the disk, but in your entire life you will have NO RIGHTS over the content of the disk.
Them taking away your game is just a very minor part of actually owning a game. Licensing agreements usually specify that you cannot resell or transfer your games to others. THey also say you have no intelectual rights to the game.Meaning you can not use the copyrights contents of that software such as the code...ideas in the game..etc. Full ownership would give you all of this .You could freely do what ever you wanted with the game.
There is a noticable shift and the OP is smart to point it out.
Oyu on the contrary seem to suffer from Buyer's Stockholm Syndrome.